School district - Establishment of special reserve fund

N.D. Cent. Code § 57-19-01
in effect
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57-19-01. School district - Establishment of special reserve fund Each school district in this state may establish and maintain a special reserve fund, subject to the limitations in section 57-15-14.2. The balance of moneys in the fund may not exceed that which could be produced by a levy of fifteen mills in that district for that year.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t57c19.pdf#nameddest=57-19-01Fetched: 10/16/2026

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