Minnesota Statutes 31B.05 – Unfulfilled Contract to Buy Livestock
Current as of: 2023 | Check for updates
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A packer who has committed either orally or in writing to buy more livestock than the packer’s plant can process and who cannot fulfill the commitment to the producer within 30 days of the delivery date of the contract is subject to denial, suspension, or revocation of the packer’s license.
Terms Used In Minnesota Statutes 31B.05
- Contract: A legal written agreement that becomes binding when signed.