N.D. Cent. Code § 6-01-01.1

This is the official text of N.D. Cent. Code § 6-01-01.1, 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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6-01-01.1. Regulatory fund established - Uses - Continuing appropriation (Effective through June 30, 2029)

Official statutory text

6-01-01.1. Regulatory fund established - Uses - Continuing appropriation. (Effective

through June 30, 2029)

1. There is created a special fund designated as the financial institutions regulatory fund.

The amounts received under the following chapters, and any other moneys received

by the department of financial institutions, must be deposited into this fund: chapters

6-01, 6-03, 6-05, 6-06, 6-10, 13-04.1, 13-05, 13-08, 13-09.1, 13-10, and 13-11.

2. All moneys deposited in the financial institutions regulatory fund are reserved for use

by the department of financial institutions to defray the expenses of the department in

the discharge of its administrative and regulatory powers and duties as prescribed by

law, subject to the applicable laws relating to the deposit and expenditure of state

moneys.

3. All moneys in the financial institutions regulatory fund are appropriated on a continuing

basis to the department of financial institutions to carry out its administrative and

regulatory powers and duties within the limits of an annual or biennial budget approved

by the state banking board and state credit union board.

4. The department of financial institutions is responsible for the proper expenditure of

these moneys as provided by law and shall document the revenues and expenditures

of the fund at the time and in the manner required by the office of management and

budget.

5. Any cash balance in the financial institutions regulatory fund after all current biennium

expenditures are met must be carried forward in the financial institutions regulatory

fund for the next succeeding biennium.

6. All moneys derived from the investment of any portion of the financial institutions

regulatory fund must be credited to the fund.

Regulatory fund established - Uses - Appropriation. (Effective after June 30, 2029)

1. There is created a special fund designated as the financial institutions regulatory fund.

The amounts received under the following chapters, and any other moneys received

by the department of financial institutions, must be deposited into this fund: chapters

6-01, 6-03, 6-05, 6-06, 6-10, 13-04.1, 13-05, 13-08, 13-09.1, 13-10, and 13-11.

2. All moneys deposited in the financial institutions regulatory fund are reserved for use

by the department of financial institutions to defray the expenses of the department in

the discharge of its administrative and regulatory powers and duties as prescribed by

law, subject to the applicable laws relating to the appropriation of state funds and to

the deposit and expenditure of state moneys. The department of financial institutions is

responsible for the proper expenditures of these moneys as provided by law.

3. Any cash balance in the financial institutions regulatory fund after all current biennium

expenditures are met must be carried forward in the financial institutions regulatory

fund for the next succeeding biennium.

4. All moneys derived from the investment of any portion of the financial institutions

regulatory fund must be credited to the fund.

Status: reserved · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.