N.D. Cent. Code § 4.1-83-14

Current through the 2023 Legislative Sessions

Section 4.1-83-14 - Agent's license - Requirements - Liability of principal

Before the agriculture commissioner issues an agent's license, the commissioner shall verify that:

1. The agent's principal is a livestock dealer licensed in accordance with this chapter; and

2. The principal has filed with the agriculture commissioner a signed statement indicating that the principal is responsible for and will be held strictly liable for any acts and omissions arising out of the agent's livestock dealings, even if the dealings were not authorized by the principal.

N.D.C.C. § 4.1-83-14

Added by S.L. 2013, ch. 72 (HB 1026),§ 5, eff. 7/1/2013.