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

North Dakota Statutes

§ 54-27-20 — Revenue sharing trust fund

North Dakota·Title 54 State Government·Ch. 54-27 Fiscal Administration

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.

Free access — add to your briefcase to read the full text and ask questions with AI

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.

North Dakota § 54-27-20 (Revenue sharing trust fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.