North Dakota § 11-03-18 Payment to new county when public funds of original county exceed its indebtedness

North Dakota Statutes

§ 11-03-18 — Payment to new county when public funds of original county exceed its indebtedness

North Dakota § 11-03-18

Title 11Counties

Ch. 11-03Division of Counties

This text of North Dakota § 11-03-18 (Payment to new county when public funds of original county exceed its indebtedness) 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.

Bluebook

N.D. Cent. Code § 11-03-18 (2026).

Text

indebtedness.
A county in which the amount of public funds on hand at the time of the settlement provided
for in section 11-03-11 exceeds the total of its outstanding indebtedness after the deductions
provided for in that section have been made shall pay over a just proportion of such funds to the
county segregated from it and organized under this chapter. The portion paid to the segregated
county shall be based upon the assessed valuation of the whole of the original county and for
the year prior to the date of the segregation and shall be in the proportion that the valuation
within the segregated portion bears to the aggregate of the valuation within the whole of the
original county. The boards of county commissioners shall meet as provided in section 11-03-11
and ascertain the amount to

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indebtedness.
A county in which the amount of public funds on hand at the time of the settlement provided
for in section 11-03-11 exceeds the total of its outstanding indebtedness after the deductions
provided for in that section have been made shall pay over a just proportion of such funds to the
county segregated from it and organized under this chapter. The portion paid to the segregated
county shall be based upon the assessed valuation of the whole of the original county and for
the year prior to the date of the segregation and shall be in the proportion that the valuation
within the segregated portion bears to the aggregate of the valuation within the whole of the
original county. The boards of county commissioners shall meet as provided in section 11-03-11
and ascertain the amount to be paid. The board of county commissioners of the original county
shall order warrants issued for such amount, payable immediately, to the treasurer of the county
organized under this chapter. The treasurer of the segregated county shall place the amount
received to the credit of the proper funds of the segregated county.