N.D. Cent. Code § 25-18-14

Current through the 2023 Legislative Sessions
Section 25-18-14 - Maximum annual return on investment

Profit-motivated institutions or facilities must be allowed an annual return on investment in fixed assets related to client care. The maximum return on investment must be established based upon the existing debt divided by original asset cost and must be determined as follows:

Annual average percentage debt to annual average assets

Return

51 to 80 percent -

2 percent return on original cost of fixed assets

0 to 50 percent -

3 percent return on original cost of fixed assets

N.D.C.C. § 25-18-14