N.D. Cent. Code § 15-39.1-26

Current through 2023 Legislative Sessions
Section 15-39.1-26 - Investment of moneys in fund - Interest and earnings attributable to fund

Investment of the fund is under the supervision of the state investment board in accordance with chapter 21-10. The moneys must be placed for investment only with a firm or firms whose endeavor is money management, and only after a trust agreement or contract has been executed. Investment costs may be paid directly from the fund, and are hereby appropriated for that purpose, in accordance with section 21-10-06.2. All interest and earnings on funds administered by the board must be credited to the fund.

N.D.C.C. § 15-39.1-26