North Dakota Statutes
§ 15-03-16 — Continuing appropriation for investments
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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Nearby Sections
15
§ 15-01-01
Board - Membership - Officers§ 15-01-03
Meetings of board - Quorum§ 15-01-04
Record of meeting§ 15-02-02
Term of office - Vacancy§ 15-02-03
Commissioner - Salary§ 15-02-04
Deputy commissioner - Appointment - Oath§ 15-02-05
Powers and duties in general§ 15-02-05.1
Additional duties of commissioner§ 15-02-05.2
Administrator of abandoned property - Employment