North Dakota Statutes

§ 57-19-11 — Special reserve fund - Use

North Dakota § 57-19-11
JurisdictionNorth Dakota
Title 57Taxation
Ch. 57-19School District Special Reserve Fund

This text of North Dakota § 57-19-11 (Special reserve fund - Use) 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 § 57-19-11 (2026).

Text

If collections from taxes levied for the current budget are insufficient to meet the requirements of the budget for teacher salaries, heat, light, and fuel, a majority of the school board may direct the school district business manager to draw on funds in the special reserve fund of the district. The school board, by resolution, may withdraw without repayment fifty percent of the funds from the special reserve fund of the school district.

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Bluebook (online)
North Dakota § 57-19-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/57-19-11.