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Current as of January 01, 2024 | Updated by Findlaw Staff
The proceeds of and any revenue derived from the sale of evidences of indebtedness, charges, fees, or rentals, and all other revenue derived from any project undertaken pursuant to this chapter must be held in trust for the purposes of this chapter, in a special fund known as the building authority fund. Disbursements shall be made from the fund upon the resolution of the commission. The building authority fund established by this chapter may contain such accounts as authorized by the commission.
Cite this article: FindLaw.com - North Dakota Century Code Title 54. State Government § 54-17.2-20. Disposition of income--Building authority fund - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-54-state-government/nd-cent-code-sect-54-17-2-20/
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