North Dakota Century Code Title 54. State Government § 54-18-13. Capital of association

The capital of the association must be any funds procured by the industrial commission through the sale of state bonds, as may be provided by law for that purpose, and also all moneys raised by the mill tax for terminal elevators as provided in sections 2072 and 2073 of the Compiled Laws of 1913. Said moneys must be paid to the manager of said association and the manager shall place the same in the general fund of the association.