North Dakota Statutes
§ 21-10-08.1 — Social investment - Prohibition
North Dakota § 21-10-08.1
This text of North Dakota § 21-10-08.1 (Social investment - Prohibition) 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 § 21-10-08.1 (2026).
Text
1.As used in this section, "social investment" means the consideration of socially
responsible criteria and environmental, social, and governance impact criteria in the
investment or commitment of public funds for the purpose of obtaining an effect other
than a maximized return at a prudent level of risk to the state.
2.Except as otherwise provided in a state investment policy relating to the investment of
the legacy fund and unless the state investment board, or any other state entity
investing public funds, can demonstrate a social investment would provide an
equivalent or superior rate of return compared to a similar investment that is not a
social investment and has a similar time horizon and risk, the state investment board,
or other state entity, may not invest state funds for the
Free access — add to your briefcase to read the full text and ask questions with AI
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 § 21-10-08.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/21-10-08.1.