North Dakota § 49-21-31 Performance assurance fund - Continuing appropriation

North Dakota Statutes

§ 49-21-31 — Performance assurance fund - Continuing appropriation

North Dakota § 49-21-31

Title 49Public Utilities

Ch. 49-21Telecommunications Companies

This text of North Dakota § 49-21-31 (Performance assurance fund - 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 § 49-21-31 (2026).

Text

The performance assurance fund is a special fund in the state treasury. The commission
shall deposit payments received by the commission under the performance assurance plan in
the performance assurance fund until the balance of the fund equals one hundred thousand
dollars. Up to one hundred thousand dollars per biennium of moneys in the fund are
appropriated on a continuing basis to the commission to monitor the operation and effect of the
performance assurance plan. All the payments received by the commission in excess of the one
hundred thousand dollars balance in the performance assurance fund must be deposited in the
general fund.

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The performance assurance fund is a special fund in the state treasury. The commission
shall deposit payments received by the commission under the performance assurance plan in
the performance assurance fund until the balance of the fund equals one hundred thousand
dollars. Up to one hundred thousand dollars per biennium of moneys in the fund are
appropriated on a continuing basis to the commission to monitor the operation and effect of the
performance assurance plan. All the payments received by the commission in excess of the one
hundred thousand dollars balance in the performance assurance fund must be deposited in the
general fund.