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Current as of January 01, 2024 | Updated by Findlaw Staff
If, as a result of any conservation work projects on state, county, or municipally owned land, the state derives a direct profit from the sale of any such land or the products thereof, the proceeds must be divided equally between this state and the federal government until the federal government has been repaid the amount of its investment in such work, computed at the rate of one dollar per man per day, with a maximum limitation of three dollars per acre [.40 hectare] of land purchased.
Cite this article: FindLaw.com - North Dakota Century Code Title 50. Public Welfare § 50-17-03. State derives profit--Proceeds divided with federal government - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-50-public-welfare/nd-cent-code-sect-50-17-03/
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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