N.D. Cent. Code § 23-21.1-03.1

Current through the 2023 Legislative Sessions
Section 23-21.1-03.1 - Bond

Each person charged by an organization with the statutory responsibility of setting aside and depositing funds in a perpetual care fund, before entering upon the discharge of the person's duties and annually thereafter, shall furnish a bond in the penal sum of an amount to be determined by the district court of the county wherein the organization is located. The size of the bond must be at least as large as the amount of money the person or the person's predecessor deposited in the perpetual care fund during the organization's previous fiscal year.

N.D.C.C. § 23-21.1-03.1