North Dakota Statutes
§ 6-09-48 — Funds received in relation to federal student loan program - Administration - Continuing appropriation
Continuing appropriation.
1.The Bank of North Dakota shall administer and manage the funds received in relation
to the federal student loan program under section 2212 of the Health Care and
Education Reconciliation Act of 2010 [Pub. L. 111-152].
2.The funds must be used to support the functions of the Bank related to the educational
mission of the Bank.
3.The funds received by the Bank under subsection 1 are appropriated on a continuing
basis to be used as provided in this section.
4.These funds are not subject to section 54-44.1-11.
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Nearby Sections
15
§ 6-01-01
Management and control - State department of financial institutions - Local ordinances preempted§ 6-01-01.1
Regulatory fund established - Uses - Continuing appropriation (Effective through June 30, 2029)§ 6-01-02
Definitions§ 6-01-04.2
Cease and desist orders§ 6-01-04.3
Assessment of civil money penalties§ 6-01-04.4
Prompt corrective action§ 6-01-04.5
Investigation of bank holding companies§ 6-01-06
Appointment of receivers§ 6-01-07.1
Records - Confidential