North Dakota § 15-72-01 Trust establishment

North Dakota Statutes

§ 15-72-01 — Trust establishment

North Dakota § 15-72-01

Title 15Education

Ch. 15-72Coal Mine Reclamation Trust

This text of North Dakota § 15-72-01 (Trust establishment) 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 § 15-72-01 (2026).

Text

The coal mine reclamation trust is established to reclaim coal mines at the direction of the
public service commission by utilizing private assets pledged as collateral which may be used to
fulfill the performance bond obligations under section 38-14.1-16 and North Dakota
Administrative Code chapter 69-05.2-12. The coal mine reclamation trust may be used to fulfill
the requirement of a qualified third party and the requirements of a collateral bond.

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The coal mine reclamation trust is established to reclaim coal mines at the direction of the
public service commission by utilizing private assets pledged as collateral which may be used to
fulfill the performance bond obligations under section 38-14.1-16 and North Dakota
Administrative Code chapter 69-05.2-12. The coal mine reclamation trust may be used to fulfill
the requirement of a qualified third party and the requirements of a collateral bond.