N.D. Admin. Code 69-07-02-02.2
Current through Supplement No. 393, July, 2024
The hay buyer bond is determined by the three-year rolling average of hay purchased annually in this state by the hay buyer. The bond amounts are:
| Up to 2,500 tons | $25,000 |
| For each additional 2,500 tons or fraction thereof | $25,000 |
Unless the commission determines that an increase is necessary to accomplish the purposes of North Dakota Century Code chapter 60-03, the bond of a hay buyer shall not exceed one million five hundred thousand dollars.
N.D. Admin Code 69-07-02-02.2
General Authority: NDCC 60-03-01.1
Law Implemented: NDCC 60-03-04