North Dakota § 61-24.6-08 Reserve fund for replacement - Deposit - Use

North Dakota Statutes

§ 61-24.6-08 — Reserve fund for replacement - Deposit - Use

North Dakota § 61-24.6-08

Title 61Waters

Ch. 61-24.6Northwest Area Water Supply Project

This text of North Dakota § 61-24.6-08 (Reserve fund for replacement - Deposit - 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 § 61-24.6-08 (2026).

Text

Revenues received by the state water commission from water user entities or otherwise for
replacement and extraordinary maintenance of the northwest area water supply project may be
held pursuant to the terms of a resolution or trust indenture adopted by the commission. Any
money not held pursuant to the terms of a resolution or trust indenture must be deposited by the
commission and maintained, as a part of the moneys of the state received and kept by the state
treasurer, in a fund designated as the northwest area water supply project reserve fund for
replacement. All moneys received by the state treasurer for replacement and extraordinary
maintenance of the northwest area water supply project and the interest on the moneys must be
kept by the state treasurer in the fund distinct from all

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Revenues received by the state water commission from water user entities or otherwise for
replacement and extraordinary maintenance of the northwest area water supply project may be
held pursuant to the terms of a resolution or trust indenture adopted by the commission. Any
money not held pursuant to the terms of a resolution or trust indenture must be deposited by the
commission and maintained, as a part of the moneys of the state received and kept by the state
treasurer, in a fund designated as the northwest area water supply project reserve fund for
replacement. All moneys received by the state treasurer for replacement and extraordinary
maintenance of the northwest area water supply project and the interest on the moneys must be
kept by the state treasurer in the fund distinct from all other moneys and must be disbursed by
the state treasurer and used only for replacement and extraordinary maintenance of the
northwest area water supply project.