North Dakota Statutes
§ 21-10-05 — Investment director - Powers and duties
North Dakota § 21-10-05
This text of North Dakota § 21-10-05 (Investment director - Powers and duties) 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 § 21-10-05 (2026).
Text
Subject to the limitations contained in the law or the policymaking regulations or resolutions
adopted by the board, the investment director may sign and execute all contracts and
agreements to make purchases, sales, exchanges, investments, and reinvestments relating to
the funds under the management of the board. This section is a continuing appropriation of all
moneys required for the making of investments of funds under the management of the board.
The investment director shall see that moneys invested are at all times handled in the best
interests of the funds. Securities or investments may be sold or exchanged for other securities
or investments.
The investment director shall formulate and recommend to the investment board for
approval investment regulations or resolutions pertaining
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Nearby Sections
15
§ 21-01-01
Definitions§ 21-01-02
Warrant - Order of payment§ 21-01-03
Maximum amount of warrants or indebtedness - Violation of provisions - Liability - Penalty§ 21-01-04
Warrants for current expenses§ 21-01-05
Warrants for salaries and official publications - Payable one-half in cash prior to other warrants§ 21-01-07
Warrant register - By whom kept - Form§ 21-01-10
Cashbook and register open to inspection§ 21-02-01
Definitions§ 21-02-03
Certificate of county auditor§ 21-02-04
Signing false certificates - PenaltyCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 21-10-05, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/21-10-05.