North Dakota Century Code Title 15. Education § 15-52-26. Availability of funds

The state board of higher education is hereby directed and authorized to make available to the university, from the portion of the proceeds of the one-mill levy provided by section 10 of article X of the Constitution of North Dakota as the state board of higher education shall have retained in its possession pursuant to the provisions of section 15-52-09, such funds as may be required for the operation of the school of medicine and health sciences revolving loan fund, but not in excess of one hundred thousand dollars in any one year.