North Dakota Statutes

§ 57-19-02 — Special reserve fund - Transfer

North Dakota § 57-19-02
JurisdictionNorth Dakota
Title 57Taxation
Ch. 57-19School District Special Reserve Fund

This text of North Dakota § 57-19-02 (Special reserve fund - Transfer) 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 § 57-19-02 (2026).

Text

1.Moneys in the special reserve fund may be deposited, held, or invested in the same manner as the sinking fund of the district or in the purchase of shares or securities of federal savings and loan associations or state-chartered building and loan associations, within the limits of federal insurance.
2.Each July first, the board of the school district shall transfer from the special reserve fund to the district's general fund any amount that exceeds the limitation in section 57-19-01.

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

Related

Reed v. Hillsboro Public School District No. 9
477 N.W.2d 237 (North Dakota Supreme Court, 1991)
7 case citations

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
North Dakota § 57-19-02, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/57-19-02.