§ 223.22 — Investigation; Education
Plain-Language Summary
This section directs the legislature to investigate ways to better protect farmers who sell grain under deferred payment or no-price-established contracts, including studying a state trust fund, private insurance, or reinsurance options. It also requires the Commissioner of Agriculture to educate both farmers and grain buyers about their rights and risks under the grain buyer law.
223.22 INVESTIGATION; EDUCATION.
§
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.
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.
History:
History: History:
1983 c 374 s 15