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27.133 Parent company liability.

If a wholesale produce 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 wholesale produce dealer fails to pay or perform according to the terms of the contract and this chapter.

HIST: 1990 c 530 s 14

Official Publication of the State of Minnesota
Revisor of Statutes