North Dakota § 37-17.1-30 Hazard mitigation revolving loan fund - Purposes - Establishment - Continuing appropriation

North Dakota Statutes

§ 37-17.1-30 — Hazard mitigation revolving loan fund - Purposes - Establishment - Continuing appropriation

North Dakota § 37-17.1-30

Title 37Military

Ch. 37-17.1Emergency Services

This text of North Dakota § 37-17.1-30 (Hazard mitigation revolving loan fund - Purposes - Establishment - Continuing appropriation) 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 § 37-17.1-30 (2026).

Text

Continuing appropriation.
There is created a hazard mitigation revolving loan fund to coordinate funding for hazard
mitigation activities in North Dakota. The department of emergency services will administer this
fund in accordance with the Safeguarding Tomorrow through Ongoing Risk Mitigation Act
[Pub. L. 116-284; 134 Stat. 4869]. Grants from the federal government or its agencies, including
the federal emergency management agency, provided to the state for the capitalization of the
hazard mitigation revolving loan fund, and required state matching funds, must be deposited in
the hazard mitigation revolving loan fund in compliance with the terms of the grants. The
principal of the grants must remain available for providing financial assistance as allowed under
the Safeguarding Tomorrow th

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Continuing appropriation.
There is created a hazard mitigation revolving loan fund to coordinate funding for hazard
mitigation activities in North Dakota. The department of emergency services will administer this
fund in accordance with the Safeguarding Tomorrow through Ongoing Risk Mitigation Act
[Pub. L. 116-284; 134 Stat. 4869]. Grants from the federal government or its agencies, including
the federal emergency management agency, provided to the state for the capitalization of the
hazard mitigation revolving loan fund, and required state matching funds, must be deposited in
the hazard mitigation revolving loan fund in compliance with the terms of the grants. The
principal of the grants must remain available for providing financial assistance as allowed under
the Safeguarding Tomorrow through Ongoing Risk Mitigation Act [Pub. L. 116-284; 134 Stat.
4869]. All moneys placed in the fund under this section are appropriated to the department on a
continuing basis. When moneys in the revolving loan fund are not required for current
expenditures, they must be invested in interest-bearing obligations.