N.D. Cent. Code § 40-33-25

Current through the 2023 Legislative Sessions

Section 40-33-25 - Surplus funds of jointly operated utility

Any surplus funds of any jointly operated utility, as provided for in section 40-33-22, shall be distributed to the participating municipalities ratably in proportion to their interest or ownership therein. Such surplus funds received by any municipality shall be disposed of by the governing body of the municipality in accordance with the provisions of section 40-33-12.

N.D.C.C. § 40-33-25