§ 4.1-52-11 — Seed department fund - Continuing appropriation

North Dakota § 4.1-52-11

• Jurisdiction: North Dakota
• Title 4.1: Agriculture
• Ch. 4.1-52: Seed Department and Seed Commission

Text

1. The seed commissioner shall forward all moneys received under the chapters over
which the commissioner has authority to the state treasurer for deposit in a special
fund known as the seed department fund. All moneys in the seed department fund are
appropriated on a continuing basis to the seed department to carry out its statutory
and regulatory obligations.
2. The seed commissioner shall approve all expenditures made pursuant to the chapters
over which the commissioner has authority and shall document the expenditures at the
time and in the manner required by the office of management and budget.

3. The seed commissioner shall provide a report to the house and senate appropriations
committees of the legislative assembly, at the time and in the manner directed by the
chairmen of the committees. The report must contain a summary of the department's
activities during the current biennium and a statement of revenues and expenditures
for the ensuing biennium.
4. At the direction of the seed commission, the state treasurer shall invest all available
moneys in the seed department fund. The state treasurer shall credit twenty percent of
the investment income to the general fund and the remaining eighty percent of the
investment income to the seed department fund.