Capital costs - Deposit - Use
N.D. Cent. Code § 61-24.6-09
in effect61-24.6-09. Capital costs - Deposit - Use
Money derived and received from water user entities or otherwise for capital costs or
construction of the northwest area water supply project may be held pursuant to the terms of a
resolution or trust indenture adopted by the state water commission. Any money not held
pursuant to the terms of a resolution or trust indenture must be deposited by the commission
and maintained, as part of the moneys of the state received and kept by the state treasurer, in a
fund designated as the northwest area water supply project fund for capital costs and
construction. All moneys received by the state treasurer for capital costs and construction of the
northwest area water supply project, and all interest on the moneys, must be kept by the state
treasurer in the fund distinct from all other moneys and must be disbursed by the state treasurer
and used only for capital costs and construction of the northwest area water supply project.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t61c24-6.pdf#nameddest=61-24p6-09Fetched: 10/16/2026