Application for license - Required security
N.D. Cent. Code § 4.1-57-04
in effect4.1-57-04. Application for license - Required security
1. As a condition of licensure, the seed commissioner shall require an applicant to file:
a. A cash bond or a surety bond, in an amount and form determined by the seed
commissioner; or
b. An irrevocable letter of credit.
2. The security required by the seed commissioner under subsection 1 is for the benefit
of potato producers in this state and must be conditioned for the payment of any
financial obligation owed by a wholesale potato dealer to a potato producer in this
state.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t04-1c57.pdf#nameddest=4p1-57-04Fetched: 10/16/2026