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Current as of January 01, 2024 | Updated by Findlaw Staff
The legislative assembly may provide by law for a percentage of revenue from taxes imposed on the extraction or production of oil to be allocated and credited to a special trust fund, to be known as the resources trust fund. The principal and income of the resources trust fund may be expended only pursuant to legislative appropriation for:
1. Constructing water-related projects, including rural water systems; and
2. Funding of programs for energy conservation.
Cite this article: FindLaw.com - North Dakota Constitution Art. X, § 22 - last updated January 01, 2024 | https://codes.findlaw.com/nd/north-dakota-constitution/nd-const-art-x-sect-22/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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