North Dakota Const. art. X, § 22

North Dakota Constitution

Article X, § 22

This text of North Dakota Const. art. X, § 22 is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Section§ 22

CitationNorth Dakota Const. art. X, § 22

Bluebook

N.D. Const. art. X, § 22.

Full Text

The legislative assembly may provide by law for a percentage of revenue from taxes imposed on the extraction or production of oil to be allocated and credited to a special trust fund, to be known as the resources trust fund. The principal and income of the resources trust fund may be expended only pursuant to legislative appropriation for: 1. Constructing water-related projects, including rural water systems; and 2. Funding of programs for energy conservation.

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The legislative assembly may provide by law for a percentage of revenue from taxes imposed on the extraction or production of oil to be allocated and credited to a special trust fund, to be known as the resources trust fund. The principal and income of the resources trust fund may be expended only pursuant to legislative appropriation for: 1. Constructing water-related projects, including rural water systems; and 2. Funding of programs for energy conservation.

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North Dakota Const. art. X, § 22, Counsel Stack Legal Research, https://law.counselstack.com/constitution/nd/X/22.