If a farm products dealer is a subsidiary of another corporation, partnership, or association, the parent corporation, partnership, or association is liable to a seller for the amount of any unpaid claim or contract performance claim if the farm products dealer fails to pay or perform according to the terms of the contract and this chapter.
Minn. Stat. § 27.133
PARENT COMPANY LIABILITY.
Applied in 1 court decision — leading case Pitman Farms v. Kuehl Poultry, LLC (2022)
Most recently applied in Pitman Farms v. Kuehl Poultry, LLC (September 2022)
1990 c 530 s 14; 2020 c 89 art 1 s 14
Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.