N.D. Cent. Code § 10-30.5-04
This is the official text of N.D. Cent. Code § 10-30.5-04, part of North Dakota’s Cent. Code — part of the compiled statutory law of North Dakota, published by the state as "Cent. Code." Browse the sections below, each linked to its official government source.
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10-30.5-04. Powers
Official statutory text
10-30.5-04. Powers
The corporation must be organized as a nonprofit corporation. In addition to the powers in
chapter 10-33, the corporation may:
1. Cooperate, contract with, and provide funding to any private or public entity.
2. Receive appropriations from the legislative assembly and other public moneys as well
as contributions from other private or public contributors. The funds for the
entrepreneurship awards under section 10-30.5-12 may not exceed one million dollars.
3. Provide management services for the Bank's alternative and venture capital
investments and early-stage capital funds.
The corporation must be organized as a nonprofit corporation. In addition to the powers in
chapter 10-33, the corporation may:
1. Cooperate, contract with, and provide funding to any private or public entity.
2. Receive appropriations from the legislative assembly and other public moneys as well
as contributions from other private or public contributors. The funds for the
entrepreneurship awards under section 10-30.5-12 may not exceed one million dollars.
3. Provide management services for the Bank's alternative and venture capital
investments and early-stage capital funds.
Status: in_force · Read it on the official government site
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