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232.24 SCHEDULE OF INSPECTION, FINANCIAL REPORTS.

Subdivision 1.Schedule of examination.

A licensee under sections 232.20 to 232.24 is subject to an examination annually conducted by the commissioner or the Agricultural Marketing Service of the United States Department of Agriculture. The commissioner may require supplemental examinations of a licensee as the commissioner deems necessary.

Subd. 2.Financial reports.

A licensee under sections 232.20 to 232.24 must provide to the commissioner a copy of the financial report that satisfies the requirements under section 223.17, subdivision 6.

Subd. 3.

[Repealed, 2012 c 244 art 1 s 83]

NOTE: The amendment to this section by Laws 2019, First Special Session chapter 1, article 4, section 18, is effective July 1, 2020, and applies to grain storage licenses issued on or after that date. Laws 2019, First Special Session chapter 1, article 4, section 18, the effective date.