North Dakota Statutes

§ 54-18-20 — Gain-sharing program

North Dakota·Title 54 State Government·Ch. 54-18 North Dakota Mill and Elevator Association
For the purpose of this section, "gain-sharing program" means a program approved annually by the industrial commission with provisions that promote profitability, productivity, and safety. Any gain-sharing program approved by the industrial commission must include provisions that ensure that no payouts occur unless mill and elevator profits exceed one million dollars and transfers will be made to the state general fund for that program year.

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