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Current as of January 01, 2024 | Updated by FindLaw Staff
There is created a pipeline authority administrative fund.
1. Revenue to the fund must include:
a. Moneys received from the state's oil and gas research council administrative budget.
b. Moneys received from any federal agency for the purpose of this section.
c. Moneys donated to the pipeline authority for the purposes of this section.
d. Moneys received from the state's oil and gas impact fund.
e. Such other moneys as may be deposited in the fund for use in carrying out the purposes of the authority.
2. This fund must be maintained as a special fund and all moneys transferred into the fund are appropriated on a continuing basis and must be used and disbursed solely for the purpose of defraying the administrative costs incurred by the pipeline authority.
3. Utilizing funds from the oil and gas research fund, the industrial commission shall contract for or hire staffing necessary to effectively administer the pipeline authority.
Cite this article: FindLaw.com - North Dakota Century Code Title 54. State Government § 54-17.7-11. Pipeline authority administrative fund--Continuing appropriation - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-54-state-government/nd-cent-code-sect-54-17-7-11/
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.
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