Subdivision 1.Legislative investigation.

The legislature recommends that the standing committees of the house of representatives and senate with jurisdiction over agriculture investigate methods of protecting producers when marketing grain using voluntary extension of credit contracts, including establishment of a state administered trust fund, private insurance, or reinsurance, and methods which grain buyers can use to protect themselves and grain producers from grain price fluctuations.

Subd. 2.Education.

Terms Used In Minnesota Statutes 223.22

  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44

The commissioner shall make every effort to inform grain producers and grain buyers of the protections and exposures which result from application of this chapter.