North Dakota § 15-10-72 Disclosure of financial condition

North Dakota Statutes

§ 15-10-72 — Disclosure of financial condition

North Dakota § 15-10-72

Title 15Education

Ch. 15-10The State Board of Higher Education

This text of North Dakota § 15-10-72 (Disclosure of financial condition) 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 § 15-10-72 (2026).

Text

The state board of higher education shall provide a disclosure of the financial condition of
an institution to the qualified applicants designated as finalists pursuant to section 44-04-18.27
for the position of president of an institution. The disclosure of financial condition must identify
the institution's reserves, recent audit findings, anticipated future funding changes pursuant to
chapter 15-18.2, and the institution's composite financial index ratio. The state board of higher

education may require the qualified applicants to sign a nondisclosure agreement prior to
receiving the disclosure of financial condition.

Free access — add to your briefcase to read the full text and ask questions with AI

The state board of higher education shall provide a disclosure of the financial condition of
an institution to the qualified applicants designated as finalists pursuant to section 44-04-18.27
for the position of president of an institution. The disclosure of financial condition must identify
the institution's reserves, recent audit findings, anticipated future funding changes pursuant to
chapter 15-18.2, and the institution's composite financial index ratio. The state board of higher

education may require the qualified applicants to sign a nondisclosure agreement prior to
receiving the disclosure of financial condition.