North Dakota Code § 21-10-06.2

Investment costs
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The amounts necessary to pay for investment costs, such as investment counseling fees, 
trustee fees, custodial fees, performance measurement fees, expenses associated with money 
manager searches, expenses associated with onsite audits and reviews of investment 
managers, and asset allocation expenses, incurred by the state investment board are hereby 
appropriated and must be paid directly out of the funds listed in section 21 -10-06 by the fund 
incurring the expense.

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