North Dakota § 54-17.2-20 Disposition of income - Building authority fund

North Dakota Statutes

§ 54-17.2-20 — Disposition of income - Building authority fund

North Dakota § 54-17.2-20

Title 54State Government

Ch. 54-17.2North Dakota Building Authority

This text of North Dakota § 54-17.2-20 (Disposition of income - Building authority fund) 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 § 54-17.2-20 (2026).

Text

The proceeds of and any revenue derived from the sale of evidences of indebtedness,
charges, fees, or rentals, and all other revenue derived from any project undertaken pursuant to
this chapter must be held in trust for the purposes of this chapter, in a special fund known as the
building authority fund. Disbursements shall be made from the fund upon the resolution of the
commission. The building authority fund established by this chapter may contain such accounts
as authorized by the commission.

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The proceeds of and any revenue derived from the sale of evidences of indebtedness,
charges, fees, or rentals, and all other revenue derived from any project undertaken pursuant to
this chapter must be held in trust for the purposes of this chapter, in a special fund known as the
building authority fund. Disbursements shall be made from the fund upon the resolution of the
commission. The building authority fund established by this chapter may contain such accounts
as authorized by the commission.