North Dakota Statutes
§ 54-30-32 — Management of the trust
North Dakota § 54-30-32
This text of North Dakota § 54-30-32 (Management of the trust) 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 § 54-30-32 (2026).
Text
During the intervals between remittances to the state treasurer for the state general fund,
funds available therefor may be invested as other moneys of the Bank of North Dakota are
invested. The president of the Bank of North Dakota shall collect upon and enforce to the fullest
extent all rights, things, and properties belonging or accruing to the trust in the president's
custody. The president may foreclose mortgages by advertisement under power of sale in the
manner that mortgages of the state school funds are foreclosed, and all remedies and
procedures available to the state or any department thereof are available to the president to
protect, manage, and conduct the trust. No special power of attorney nor affidavit as to
attorney's fees is required.
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Nearby Sections
15
§ 54-01-02
When property escheats§ 54-01-02.1
Unclaimed funds defined§ 54-01-02.2
Notice of unclaimed funds§ 54-01-02.3
Disposal of unclaimed funds§ 54-01-03
State may acquire property by taxation§ 54-01-05.1
State-owned land - How transferred§ 54-01-05.2
Sale of state-owned land - Notice§ 54-01-05.4
Impact analysis - Governor to requireCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 54-30-32, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/54-30-32.