North Dakota § 54-27-20 Revenue sharing trust fund

North Dakota Statutes

§ 54-27-20 — Revenue sharing trust fund

North Dakota § 54-27-20

Title 54State Government

Ch. 54-27Fiscal Administration

This text of North Dakota § 54-27-20 (Revenue sharing trust 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 § 54-27-20 (2026).

Text

A revenue sharing trust fund is hereby created in the state treasury for deposit of all
payments received by the state under the Fiscal Assistance to State and Local Governments
Act (federal-state revenue sharing) [Pub. L. 92-512; 86 Stat. 919] and acts amendatory thereto.
Interest earned on these deposits must be deposited in the trust fund and disbursed in
accordance with federal and state law. Moneys in the trust fund must be disbursed as
authorized by legislative appropriations and federal and state law upon vouchers prepared by
the director of the office of management and budget.

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A revenue sharing trust fund is hereby created in the state treasury for deposit of all
payments received by the state under the Fiscal Assistance to State and Local Governments
Act (federal-state revenue sharing) [Pub. L. 92-512; 86 Stat. 919] and acts amendatory thereto.
Interest earned on these deposits must be deposited in the trust fund and disbursed in
accordance with federal and state law. Moneys in the trust fund must be disbursed as
authorized by legislative appropriations and federal and state law upon vouchers prepared by
the director of the office of management and budget.