Transfer of sinking fund to maintenance fund - Duty of county treasurer
N.D. Cent. Code § 61-12-48
in effect61-12-48. Transfer of sinking fund to maintenance fund - Duty of county treasurer
The board of flood irrigation of any flood irrigation project shall have the right upon the
payment of all the bonded debt of the flood irrigation project, by resolution, to transfer any and
all funds then remaining in the sinking fund of the project to the maintenance fund of the project
for use in maintenance, repair and care, and for payment of outstanding and unpaid warrants
issued for maintenance of the project. The county treasurer as custodian of the funds of any
flood irrigation project, of any county in this state, shall upon receipt of a certified copy of a
resolution of any board of flood irrigation, showing that all bonded debt of a flood irrigation
project has been fully paid, transfer any and all funds then remaining in the sinking fund of the
project to the maintenance fund of the project.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t61c12.pdf#nameddest=61-12-48Fetched: 10/16/2026