N.D. Cent. Code § 54-30-33
Current through 2023 Legislative Sessions
Following each calendar quarter for which the president of the Bank of North Dakota receives funds of said trust over and above costs and expenses of the Bank of North Dakota incident thereto and exceeding a proper portion of the regular Bank appropriation and a reasonable reserve for contingencies, the Bank of North Dakota shall remit such funds to the state treasurer for deposit in the general fund of the state. Such remittances must be deemed credited against money borrowed to service and pay real estate bonds of the state of North Dakota heretofore issued.
N.D.C.C. § 54-30-33