North Dakota § 54-52.5-03 State retirement and investment fund - Cost of operation of agency

North Dakota Statutes

§ 54-52.5-03 — State retirement and investment fund - Cost of operation of agency

North Dakota § 54-52.5-03

Title 54State Government

Ch. 54-52.5State Retirement and Investment Office

This text of North Dakota § 54-52.5-03 (State retirement and investment fund - Cost of operation of agency) 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 § 54-52.5-03 (2026).

Text

A special fund known as the "state retirement and investment fund" is established for the
purpose of defraying administrative expenses of the state retirement and investment office. The
actual amount of administrative expenses incurred by the state retirement and investment office
must be paid from the respective funds listed under section 21-10-06 and are hereby
appropriated to the state retirement and investment fund in proportion to the services rendered
for each fund as estimated by the state investment board. The amount necessary to pay all
administrative expenses of the state retirement and investment office must be paid from the
state retirement and investment fund in accordance with the agency's appropriation authority
and earnings lawfully available for such purposes. Any interest

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A special fund known as the "state retirement and investment fund" is established for the
purpose of defraying administrative expenses of the state retirement and investment office. The
actual amount of administrative expenses incurred by the state retirement and investment office
must be paid from the respective funds listed under section 21-10-06 and are hereby
appropriated to the state retirement and investment fund in proportion to the services rendered
for each fund as estimated by the state investment board. The amount necessary to pay all
administrative expenses of the state retirement and investment office must be paid from the
state retirement and investment fund in accordance with the agency's appropriation authority
and earnings lawfully available for such purposes. Any interest income earned on the state
retirement and investment fund must be credited to the fund.