North Dakota Statutes

§ 15-03-16 — Continuing appropriation for investments

North Dakota § 15-03-16
JurisdictionNorth Dakota
Title 15Education
Ch. 15-03Investment of Funds

This text of North Dakota § 15-03-16 (Continuing appropriation for investments) 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 § 15-03-16 (2026).

Text

There is appropriated annually the amounts necessary to pay costs related to investments controlled by the board of university and school lands, including management, trustee, consulting, custodial, and performance measurement fees; expenses associated with money manager searches and onsite audits and reviews of investment managers; expenses associated with building repairs, maintenance, and renovations; and payments in lieu of taxes for the building and grounds. Each payment must be made from the trust fund for which the cost was incurred.

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Bluebook (online)
North Dakota § 15-03-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/15-03-16.