Minnesota Statutes 17A.036 – Custodial Account for Shippers Proceeds
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Every market agency engaged in selling livestock on a commission or agency basis in this state shall establish and maintain a separate bank account designated as “custodial account for shippers proceeds.”
Terms Used In Minnesota Statutes 17A.036
- Livestock: means cattle, sheep, swine, horses intended for slaughter, mules, farmed Cervidae, as defined in section 35. See Minnesota Statutes 17A.03
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44