North Dakota Statutes

§ 15-72-02 — Powers and duties of the board - Transfer

North Dakota § 15-72-02
JurisdictionNorth Dakota
Title 15Education
Ch. 15-72Coal Mine Reclamation Trust

This text of North Dakota § 15-72-02 (Powers and duties of the board - Transfer) 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 § 15-72-02 (2026).

Text

The board of university and school lands shall set up a coal mine reclamation trust. The coal mine reclamation trust may receive and accept assets as directed by the public service commission which are held in the public service commission's custody under North Dakota Administrative Code section 69-05.2-12-04 as collateral in a security agreement with any person as defined in section 38-14.1-02. The commissioner of university and school lands shall consult with the public service commission in carrying out the powers and duties of administering the coal mine reclamation trust. Any expenses incurred by the board of university and school lands or the public service commission under this section must be reimbursed by the permit applicant or qualified third party.

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Bluebook (online)
North Dakota § 15-72-02, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/15-72-02.