North Dakota § 15-72-05 Continuing appropriation for trust management

North Dakota Statutes

§ 15-72-05 — Continuing appropriation for trust management

North Dakota § 15-72-05

Title 15Education

Ch. 15-72Coal Mine Reclamation Trust

This text of North Dakota § 15-72-05 (Continuing appropriation for trust management) 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 § 15-72-05 (2026).

Text

There is appropriated annually the amounts necessary to pay expenses for assets held in
trust under this chapter and managed by the board of university and school lands, including
expenses for survey costs, surface lease refunds, weed and insect control, cleanup costs,
capital improvement rent credits, in lieu of tax payments, or other expenses necessary to
manage, preserve, and enhance the value of trust assets, as determined by the board.
Payments under this section must be made from the trust fund account for which the asset is
held. Upon completion of all reclamation activities and obligations, all remaining assets held by
the coal mine reclamation trust must be transferred to the common schools trust fund.

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There is appropriated annually the amounts necessary to pay expenses for assets held in
trust under this chapter and managed by the board of university and school lands, including
expenses for survey costs, surface lease refunds, weed and insect control, cleanup costs,
capital improvement rent credits, in lieu of tax payments, or other expenses necessary to
manage, preserve, and enhance the value of trust assets, as determined by the board.
Payments under this section must be made from the trust fund account for which the asset is
held. Upon completion of all reclamation activities and obligations, all remaining assets held by
the coal mine reclamation trust must be transferred to the common schools trust fund.