North Dakota Statutes

§ 21-10-06 — Funds under management of board - Accounts

North Dakota § 21-10-06
JurisdictionNorth Dakota
Title 21Governmental Finance
Ch. 21-10State Investment Board

This text of North Dakota § 21-10-06 (Funds under management of board - Accounts) 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 § 21-10-06 (2026).

Text

and set policies and procedures regulating securities transactions on behalf of the various funds. Representatives of the funds enumerated in section 21-10-06 may make recommendations to the board in regard to investments.

2.The board or its designated agents must be custodian of securities purchased on behalf of funds under the management of the board.
3.The board may appoint an investment director or advisory service, or both, who must be experienced in, and hold considerable knowledge of, the field of investments. The investment director or advisory service shall serve at the pleasure of the board. The investment director or advisory service may be an individual, corporation, limited liability company, partnership, or any legal entity which meets the qualifications established herein

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Bluebook (online)
North Dakota § 21-10-06, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/21-10-06.