North Dakota Statutes
§ 61-02-79 — Bank of North Dakota - Line of credit
The department of water resources may request a line of credit from the Bank of North
Dakota not to exceed two hundred sixty million dollars at the prevailing interest rate charged to
North Dakota government entities. The department of water resources shall repay the line of
credit from funds available in the resources trust fund or other funds, as appropriated by the
legislative assembly. If the moneys available at the end of each biennium are not sufficient to
repay the line of credit, the department of water resources shall request from the legislative
assembly a deficiency appropriation to repay the line of credit. The department of water
resources may access the line of credit, as necessary, to provide up to fifty million dollars for the
southwest pipeline project and two hundred ten
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Nearby Sections
15
§ 61-01-01
Waters of the state - Public waters§ 61-01-01.1
Reciprocal rights of riparian owners§ 61-01-02
Right to use water - Basis - Waters appropriated for irrigation purposes - Priority in time§ 61-01-04
Eminent domain - Who may exercise§ 61-01-06
Watercourse and waterway - Definitions§ 61-01-07
Obstruction of watercourses - Penalty§ 61-01-08
Obstructing navigation - Penalty§ 61-01-09
Destruction of dams - Penalty§ 61-01-11
Removing or injuring piles - Penalty