North Dakota Code 4.1-57-03 – Application for license – Content
To obtain a license as a wholesale potato dealer, a person must complete an application and submit it to the seed commissioner. The application must be signed by the applicant and notarized and must include:
Terms Used In North Dakota Code 4.1-57-03
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Commissioner: means the agriculture commissioner or the designee or authorized representative of the commissioner. See North Dakota Code 4.1-01-01
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Organization: includes a foreign or domestic association, business trust, corporation, enterprise, estate, joint venture, limited liability company, limited liability partnership, limited partnership, partnership, trust, or any legal or commercial entity. See North Dakota Code 1-01-49
- Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49
- year: means twelve consecutive months. See North Dakota Code 1-01-33
1. The location in which the applicant intends to operate as a wholesale potato dealer; 2. The estimated dollar amount of business to be done monthly; 3. The dollar amount of business done the preceding year, if any; 4. The greatest volume of potatoes, by hundredweight, purchased during any one month in the preceding calendar year; 5. The greatest value of potatoes purchased during any one month in the preceding calendar year; 6. The name of each partner if the applicant is a partnership; 7. The name of each corporate officer and the state of incorporation if the applicant is a corporation; 8. The name of each manager and the state of organization if the applicant is a limited liability company; 9. The name of every agent employed by the applicant on the date of the application; 10. A financial statement prepared in accordance with generally accepted accounting principles showing the assets and liabilities of the applicant; 11. A list of similar licenses issued to the applicant by other states; and
12. The name of each state that has:
a. Refused to issue the applicant a wholesale potato dealer’s license; b. Suspended or revoked a wholesale potato dealer’s license that had been issued to the applicant; c. Refused to issue a wholesale potato dealer’s license to an agent of the applicant; or d. Suspended or revoked a wholesale potato dealer’s license that had been issued to an agent of the applicant.