Skip to main content
Find a Lawyer

North Dakota Century Code Title 21. Governmental Finance § 21-10-06. Funds under management of board--Accounts

Current as of January 01, 2024 | Updated by FindLaw Staff

1. Subject to the provisions of section 21-10-02, the board shall invest the following funds:

a. State bonding fund.

b. Teachers' fund for retirement.

c. State fire and tornado fund.

d. Workforce safety and insurance fund.

e. Public employees retirement system.

f. Insurance regulatory trust fund.

g. State risk management fund.

h. Budget stabilization fund.

i. Water projects stabilization fund.

j. Health care trust fund.

k. Cultural endowment fund.

l. Petroleum tank release compensation fund.

m. Legacy fund.

n. Legacy earnings fund.

o. Opioid settlement fund.

p. A fund under contract with the board pursuant to subsection 3.

2. Separate accounting must be maintained for each of the funds listed in subsection 1. The moneys of the individual funds may be commingled for investment purposes when determined advantageous.

3. The state investment board may provide investment services to, and manage the money of, any agency, institution, or political subdivision of the state, subject to agreement with the industrial commission. The scope of services to be provided by the state investment board to the agency, institution, or political subdivision must be specified in a written contract. The state investment board may charge a fee for providing investment services and any revenue collected must be deposited in the state retirement and investment fund.

Back to chapter list
Previous part of code Next part of code
Back to chapter list

Cite this article: FindLaw.com - North Dakota Century Code Title 21. Governmental Finance § 21-10-06. Funds under management of board--Accounts - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-21-governmental-finance/nd-cent-code-sect-21-10-06/

Read this complete North Dakota Century Code Title 21. Governmental Finance § 21-10-06. Funds under management of board--Accounts on Westlaw

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 or via Westlaw before relying on it for your legal needs.

Was this helpful?

Search all North Dakota Codes

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About the Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to find an attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

    More Options
    Copied to clipboard