§ 10-12-04 — Industrial commission to receive assets of North Dakota rural rehabilitation corporation upon dissolution

corporation upon dissolution.
The industrial commission of North Dakota is hereby designated the agency of the state to
receive the assets of the North Dakota rural rehabilitation corporation in the event such
corporation is dissolved, including all properties that have been returned or may be returned to
the North Dakota rural rehabilitation corporation by the secretary of agriculture upon the
application of the corporation pursuant to the provisions of Public Law 499 of the 81st Congress,
dated April 3, 1950, including also such assets as have again been transferred or may hereafter
be transferred to the secretary of agriculture for administration pursuant to agreement between
the North Dakota rural rehabilitation corporation and the secretary of agriculture under the
provisions of Public Law 499 of the 81st Congress, dated April 3, 1950. The industrial
commission of North Dakota is hereby authorized to enter into any agreement with the secretary
of agriculture that may be required with respect to the administration of the assets it so receives.