Legal Opinion
In Re the Claims Against the Grain Buyer's Bond No. 877706-08624237
Court of Appeals of Minnesota
Decided June 16, 1992No. C9-91-2373PublishedCited by 2 opinions
1Opinion of the Court
OPINION
DAVIES, Judge.
The Minnesota Commissioner of Agriculture allowed as timely the claims of two grain sellers against a grain buyer’s bond issued by Auto-Owners Insurance Company, thus entitling the sellers to relief under Minn.Stat. § 223.17, subd. 7 (1990). Auto-Owners challenges the Commissioner’s decision. We reverse.
*468FACTS
Under Minn.Stat. § 223.17, subd. 8(a) (1990), a grain buyer must obtain a bond to compensate the seller for loss caused by the buyer’s failure to pay the contract price. Pursuant to that section, relator Auto-Owners wrote a $30,000 grain buyer’s bond for Thomas D.…
2Cases cited3 opinions
- Contested Cases of St. Otto's Home v. Minnesota Department of Human ServicesSupreme Court of Minnesota · 1989
- In Re Claims Against the Kern Grain Co.Court of Appeals of Minnesota · 1985
- Nichols v. Metropolitan BankCourt of Appeals of Minnesota · 1991
3Cited by2 opinions
- In Re the Claim Against the Grain Buyer's Bond of Mischel Grain & Seed, Warren, MN, Bond 92770608627589Court of Appeals of Minnesota · 1999
- In Re the Claims Against the Grain Buyer's Bond No. 877706-08624237Court of Appeals of Minnesota · 1992