Grain Bank License

The State of Minnesota requires all entities engaged as a Grain Bank to post a bond as set by the Dept. of Agriculture to cover all outstanding grain receipts.  The bond will be reviewed annually and adjusted accordingly.  The license period runs from July 1 to June 30.

Regulating Department Contact:

Minnesota Department of Agriculture
625 North Roberts Street
St. Paul, MN 55155
(651) 201-6314

Statutes:

Minnesota Statutes 236

Rules:

Minnesota Rules 1562.0100 – 1562.2200

Underwriting Requirements: