N.D. Cent. Code § 6-09-50
This is the official text of N.D. Cent. Code § 6-09-50, 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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6-09-50. North Dakota financial center - Lease rates - Payments in lieu of taxes (Contingent effective date - See note)
Official statutory text
6-09-50. North Dakota financial center - Lease rates - Payments in lieu of taxes
(Contingent effective date - See note)
The North Dakota financial center is a building that is owned by the Bank of North Dakota
and is adjacent to the building in which the Bank of North Dakota is housed. The Bank of North
Dakota shall lease the space in the North Dakota financial center to other state agencies based
on market rate lease prices. The Bank of North Dakota shall make payments in lieu of property
taxes in the manner and according to the conditions and procedures that would apply if the
building were privately owned.
(Contingent effective date - See note)
The North Dakota financial center is a building that is owned by the Bank of North Dakota
and is adjacent to the building in which the Bank of North Dakota is housed. The Bank of North
Dakota shall lease the space in the North Dakota financial center to other state agencies based
on market rate lease prices. The Bank of North Dakota shall make payments in lieu of property
taxes in the manner and according to the conditions and procedures that would apply if the
building were privately owned.
Status: in_force · Read it on the official government site
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