North Dakota Statutes

§ 15-06-40 — Application of income

North Dakota § 15-06-40
JurisdictionNorth Dakota
Title 15Education
Ch. 15-06Sale of Original Grant Lands

This text of North Dakota § 15-06-40 (Application of income) 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 § 15-06-40 (2026).

Text

The state forester shall apply the income so derived first to the payment of the cost of all care and development of such land, and, second, the net annual income must be paid to the board of university and school lands for the credit of the permanent school funds, the same to be properly apportioned among the several funds therein.

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Bluebook (online)
North Dakota § 15-06-40, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/15-06-40.