Join the Livestock Marketing Association to Learn More about Dealer Statutory Trust 

With former President Trump’s signature on December 27, 2020, Livestock Dealer Statutory Trust is now law! Dealer Trust gives sellers of livestock (often livestock auction markets or producers) the legal priority to get livestock back when a livestock dealer fails to pay. If the cattle have been resold, the unpaid sellers are now first in line for the proceeds.

But how will a Dealer Trust function? What does this mean for cattle producers, feeders, dealers, livestock auction markets, and lenders?

The Livestock Marketing Association will be hosting a virtual call regarding Dealer Statutory Trust on Thursday, January 21, at 7 p.m. Central via Zoom. LMA’s Vice President of Government and Industry Affairs and Legal Chelsea Good and General Counsel and Vice President of Risk Mitigation Jara Settles will be leading the conversation by explaining Dealer Statutory Trust and addressing common industry questions. An opportunity for participants to ask questions will be available at the end of the Zoom call. This Zoom is open to anyone interested in learning more about Dealer Statutory Trust. We hope you will join us!

If you have questions you would like to discuss in advance of the Zoom meeting, please contact Chelsea Good, LMA Vice President of Government and Industry Affairs and Legal, at 816-305-9540 or

Zoom Call Details:

To join the video via Zoom, click this link:

To join via telephone, call any of the following numbers along with the Webinar ID:

+1 669 900 6833
+1 253 215 8782
+1 346 248 7799
+1 929 205 6099
+1 301 715 8592
+1 312 626 6799

Webinar ID: 815 2844 0686