Reports to be made by grain buyers - Penalty for failure - Confidential records
N.D. Cent. Code § 4.1-59-17
in effect4.1-59-17. Reports to be made by grain buyers - Penalty for failure - Confidential
records.
1. Each licensed and bonded grain buyer shall:
a. Prepare for each month a report giving facts and information called for on the
form of report prepared by the commissioner.
(1) The report must contain or be verified by a written declaration the report is
made under the penalties of perjury.
(2) The report may be called for more frequently if the commissioner deems
necessary.
(3) Information pertaining to the value of grain handled is a confidential trade
secret and is not a public record. The commissioner may make this
information available for use by other governmental entities, but the
information may not be released by those entities in a manner that
jeopardizes the confidentiality of individual licensees.
b. File the report with the commissioner not later than the last day of the following
month. Failure to file this report promptly is cause for revoking the grain buyer
license after due notice and hearing.
c. Keep a separate account of the grain business. If the grain buyer is engaged in
handling or selling any other commodity, the grain account and other accounts
may not be mixed.
d. Submit additional information requested by the commissioner pursuant to a report
or an inspection within five business days.
2. The commissioner may refuse to renew a license to any grain buyer that fails to make
a required report.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t04-1c59.pdf#nameddest=4p1-59-17Fetched: 10/16/2026