North Dakota Statutes

§ 57-19-03 — Transfer of other funds to special reserve fund

North Dakota § 57-19-03
JurisdictionNorth Dakota
Title 57Taxation
Ch. 57-19School District Special Reserve Fund

This text of North Dakota § 57-19-03 (Transfer of other funds to special reserve 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 § 57-19-03 (2026).

Text

Any school district having on hand funds, other than sinking or building funds, which are not otherwise encumbered, and which are not required for the payment of the items contained in the current operating budget, by a resolution of the governing board of the school district, may set aside a part or all of such surplus funds in such a special reserve fund, subject to the limitation contained in section 57-19-01 on the size of such fund.

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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
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Bluebook (online)
North Dakota § 57-19-03, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/57-19-03.