N.D. Cent. Code § 6-09.18-05
This is the official text of N.D. Cent. Code § 6-09.18-05, 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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6-09.18-05. Legacy investment for technology fund - Continuing appropriation
Official statutory text
6-09.18-05. Legacy investment for technology fund - Continuing appropriation
The legacy investment for technology fund is a special fund in the state treasury and must
be administered by the department of commerce. All moneys in the fund are appropriated to the
department of commerce on a continuing basis for the purpose of providing legacy investment
technology loans and for administrative expenses. The department of commerce shall deposit in
the legacy investment for technology fund all principal and interest paid on loans made from the
fund. Interest earned on moneys in the fund must be credited to the fund. The fund must be
audited annually pursuant to section 6-09-29, and the cost of the audit must be paid from the
fund.
The legacy investment for technology fund is a special fund in the state treasury and must
be administered by the department of commerce. All moneys in the fund are appropriated to the
department of commerce on a continuing basis for the purpose of providing legacy investment
technology loans and for administrative expenses. The department of commerce shall deposit in
the legacy investment for technology fund all principal and interest paid on loans made from the
fund. Interest earned on moneys in the fund must be credited to the fund. The fund must be
audited annually pursuant to section 6-09-29, and the cost of the audit must be paid from the
fund.
Status: in_force · Read it on the official government site
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