North Dakota Code § 49-21-31

Performance assurance fund - Continuing appropriation
Open in Lexace · Ask the AI about this section
The performance assurance fund is a special fund in the state treasury. The commission 
shall deposit payments received by the commission under the performance assurance plan in 
the performance assurance fund until the balance of the fund equals one hundred thousand 
dollars. Up to one hundred thousand dollars per biennium of moneys in the fund are 
appropriated on a continuing basis to the commission to monitor the operation and effect of the 
performance assurance plan. All the payments received by the commission in excess of the one 
hundred thousand dollars balance in the performance assurance fund must be deposited in the 
general fund.

‹ Prev All North Dakota sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.