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Current as of January 01, 2024 | Updated by Findlaw Staff
The supervising officer may accept in the name of the state and hold in trust for any institution mentioned in this chapter any lands conveyed or devised and any money or other personal property given or bequeathed for application to any purpose connected with such institution. All moneys and property coming into the hands of the supervising officer as grants, donations, devises, gifts, and bequests must be used for the specific purposes for which they are granted, donated, devised, bequeathed, or given. If no terms are imposed upon the use of any grant, donation, devise, bequest, or gift, it must be used for the general maintenance of the institution for the benefit of which it is made.
Cite this article: FindLaw.com - North Dakota Century Code Title 25. Mental and Physical Illness or Disability § 25-01-10. Supervising officer may accept gifts and bequests--State treasurer to have custody of funds - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-25-mental-and-physical-illness-or-disability/nd-cent-code-sect-25-01-10/
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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