North Dakota § 4.1-21-09 Revenue received from lands acquired or leased - Regulations governing - Payments in lieu of taxes

North Dakota Statutes

§ 4.1-21-09 — Revenue received from lands acquired or leased - Regulations governing - Payments in lieu of taxes

North Dakota·Title 4.1 Agriculture·Ch. 4.1-21 Forestry

Payments in lieu of taxes.
All revenues derived from lands acquired or leased under this chapter must be segregated
by the state treasurer for the use of the state forester in the acquisition, management,
development, and use of such lands. However, from those revenues derived from agricultural
leases there must be paid over to the governing body of the county in which those lands are
located, an amount sufficient to cover the loss of tax revenues, if any, resulting from such
acquisition or lease.

Free access — add to your briefcase to read the full text and ask questions with AI

Payments in lieu of taxes.
All revenues derived from lands acquired or leased under this chapter must be segregated
by the state treasurer for the use of the state forester in the acquisition, management,
development, and use of such lands. However, from those revenues derived from agricultural
leases there must be paid over to the governing body of the county in which those lands are
located, an amount sufficient to cover the loss of tax revenues, if any, resulting from such
acquisition or lease.

North Dakota § 4.1-21-09 (Revenue received from lands acquired or leased - Regulations governing - Payments in lieu of taxes) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.