North Dakota
North Dakota Seeks to Recover $778K Surety Bond for Grain Sellers in Hansen-Mueller Case
The surety bond amount would be used to pay farmers and grain sellers who were not paid for grain sold to the company under standard contracts.
The state’s indemnity fund that is owned and operated by the North Dakota State Treasury, is available to reimburse someone who sold grain to a licensee under a credit-sale contract who was not fully compensated under such a contract.
Assessments to the state’s indemnity fund stop when the fund hits $6 million and restart if it drops below $3 million. According to the state, indemnity fund coverage is limited to 80% of a farmer’s unpaid credit-sale contract, up to a maximum payout of $280,000 per insolvency.
North Dakota is the second state to file such a motion, following the Nebraska Public Service Commission.
Also, this week, the Nebraska PSC asked the bankruptcy court for an extension of the Dec. 29, 2025, deadline to notify creditors of its plan to pay farmers in the state using funds from a $1 million surety bond.
Because of the Christmas holiday, the Nebraska PSC said it will be unable to meet the deadline and asked for an extension to Jan. 5, 2026.
Under the Nebraska Grain Dealer Act, dealers are required to post surety bonds to obtain licenses. If payment terms are violated by the company, the Nebraska Public Service Commission can forfeit the bond and distribute it to valid claimants.
Read more on DTN:
“Nebraska to Use $1M Hansen-Mueller Bond,” https://www.dtnpf.com/….
Todd Neeley can be reached at todd.neeley@dtn.com
Follow him on social platform X @DTNeeley
(c) Copyright 2025 DTN, LLC. All rights reserved.
Ethics is a system of moral principles guiding behavior, defining what’s right, wrong, fair, and good for individuals and society, essentially asking, “What should we do?”
A commission is a group of people officially charged with a particular function.
The citizens of North Dakota voted for and passed an Ethics Commission measure. The Ethics Commission has infuriated the North Dakota Republican legislators and North Dakota government in general. (NOTE: Every elected state government official in North Dakota is Republican.) They have denied that any monitoring of ethics is needed.
North Dakota Republicans have done everything possible to make sure the Ethics Commission has virtually no teeth, no say, and remains invisible under constant attack by the Attorney General’s Office.
Why do Go. Armstrong, Attorney General Wrigley and the Republican members of the North Dakota Legislature fear ethics?
Henry Lebak lives in Bismarck.
FARGO, N.D. (AP) — Markhi Strickland had 15 points in North Dakota State’s 79-77 double overtime victory over Oral Roberts on Saturday.
Strickland also contributed five rebounds for the Bison (12-5, 2-0 Summit League). Trevian Carson added 14 points while going 6 of 10 (2 for 3 from 3-point range) and eight rebounds. Damari Wheeler-Thomas finished with 14 points, while adding six rebounds.
Yuto Yamanouchi-Williams led the way for the Golden Eagles (5-12, 0-2) with 19 points, five rebounds and two blocks. Connor Dow added 15 points and two steals for Oral Roberts. Ofri Naveh also put up 14 points.
A foul sent Wheeler-Thomas to the line with seven seconds to play, where he sank one of the shots to send the game to overtime. Jack Turner tipped in a shot for Oral Roberts to send the game to a second overtime. Noah Feddersen tipped in a shot for North Dakota state with one second to play for the win for the Bison.
___
The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.
Vote on the 17 Ways Mamdani Could Improve NYC
Murder trial starts this week in death of Detroit neurosurgeon Devon Hoover
Commentary: Let’s Do Better in 2026 – Streetsblog San Francisco
Dallas dating app meeting ends in fatal shooting and murder charge
Miami Hurricanes arrive in Phoenix to continue Fiesta Bowl preparations
Florida High School Football Rankings: Top 25 teams – Oct. 21
Cleary's 21 help Le Moyne down Central Connecticut State 69-64 in OT
How old is Bo Nix? What to know about Oregon quarterback ahead of 2024 NFL Draft
99th annual Pony Swim held in Virginia
Video: ‘It Didn’t Have to Happen This Way:’ U.Va. Faculty Call for Review of Police Response to Protests
Video: Welcome to Rennie Harris’s Dance Floor
Fraud fallout forces Democratic Gov Tim Walz to abandon Minnesota re-election bid
Free civic space in France, Italy and Germany under threat, study says
Trial begins for officer accused of failing to protect children during Uvalde shooting
Trump vows US ‘in charge’ of Venezuela as he reveals if he’s spoken to Delcy Rodríguez
-
World1 week agoHamas builds new terror regime in Gaza, recruiting teens amid problematic election
-
Business1 week agoGoogle is at last letting users swap out embarrassing Gmail addresses without losing their data
-
Indianapolis, IN1 week agoIndianapolis Colts playoffs: Updated elimination scenario, AFC standings, playoff picture for Week 17
-
News1 week agoRoads could remain slick, icy Saturday morning in Philadelphia area, tracking another storm on the way
-
Politics1 week agoMost shocking examples of Chinese espionage uncovered by the US this year: ‘Just the tip of the iceberg’
-
World1 week agoPodcast: The 2025 EU-US relationship explained simply
-
News1 week agoFor those who help the poor, 2025 goes down as a year of chaos
-
Politics1 week ago‘Unlucky’ Honduran woman arrested after allegedly running red light and crashing into ICE vehicle