Minnesota § 17.93 - PARENT COMPANY RESPONSIBILITY FOR CONTRACTS OF SUBSIDIARIES
Full text of Minnesota Minnesota Statutes § 17.93 — PARENT COMPANY RESPONSIBILITY FOR CONTRACTS OF SUBSIDIARIES, with citation guidance and answers to common questions.
§ 17.93. PARENT COMPANY RESPONSIBILITY FOR CONTRACTS OF SUBSIDIARIES
Subdivision 1.Licensing.
If a contractor is required to obtain a license to purchase agricultural commodities, the licensing authority may require the parent company of a licensee subsidiary to guarantee payment or contract performance as a condition of licensing.
Subd. 2.Parent company liability.
If an agricultural contractor is the 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 contractor fails to pay or perform according to the terms of the contract.
History:
Official Publication of the State of Minnesota
Revisor of Statutes
Source: official Minnesota text · Last verified 2026-08-27
Frequently Asked Questions About Minnesota § 17.93
What does Minnesota Statutes § 17.93 cover?
Section 17.93 ("PARENT COMPANY RESPONSIBILITY FOR CONTRACTS OF SUBSIDIARIES") is part of the Minnesota Statutes, the codified statutory law of Minnesota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Minnesota § 17.93?
A common citation format is "Minnesota Statutes § 17.93" (Minnesota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Minnesota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Minnesota official source linked on this page or consult a licensed Minnesota attorney.
How does Minnesota § 17.93 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Minnesota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Minnesota.