17.97 AGRICULTURAL INPUT PREPAYMENTS.
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/mn/chapter-17/17-97A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
17.97 AGRICULTURAL INPUT PREPAYMENTS.
If a producer makes a prepayment for agricultural production inputs that include but are not limited to seed, feed, fertilizer, pesticides, or fuel for future delivery, the producer may demand a letter of credit or bank guarantee from the provider of the inputs to ensure reimbursement if delivery does not occur.