N.D. Cent. Code § 4.1-61-02

Current through 2023 Legislative Sessions
Section 4.1-61-02 - Credit-sale contract indemnity fund - Creation - Continuing appropriation

There is created in the state treasury the credit-sale contract indemnity fund. The state treasurer shall invest available moneys in the fund in accordance with section 21-10-07 and in cooperation with the commissioner shall deposit any income earned through the investments into the fund. The fund and earnings of the fund are appropriated to the commissioner on a continuing basis to be used exclusively to carry out the intent and purpose of this chapter.

N.D.C.C. § 4.1-61-02

Added by S.L. 2023 , ch. 89( HB 1393 ), § 4, eff. 7/1/2023.