Facility-Based Grain Buyer Bond Calculation Worksheet and Schedule is a legal document that was released by the North Dakota Department of Agriculture - a government authority operating within North Dakota.
Q: What is the Facility-Based Grain Buyer Bond Calculation Worksheet and Schedule?
A: It is a document used in North Dakota to calculate the bond requirement for grain buyers.
Q: Who needs to use this document?
A: Grain buyers in North Dakota who operate facility-based businesses.
Q: What is a facility-based grain buyer?
A: A grain buyer who operates a physical facility, such as an elevator, to purchase and store grain.
Q: Why is a bond required for facility-based grain buyers?
A: The bond provides financial protection to farmers in case the grain buyer fails to pay them for their grain.
Q: How is the bond requirement calculated?
A: The document provides a worksheet to calculate the bond requirement based on the grain buyer's storage capacity.
Form Details:
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the North Dakota Department of Agriculture.