N.D. Cent. Code § 25-18-14
Current through 2023 Legislative Sessions
Profit-motivated institutions or facilities must be allowed an annual return on investment in fixed assets related to client care. The maximum return on investment must be established based upon the existing debt divided by original asset cost and must be determined as follows:
Annual average percentage debt to annual average assets | Return |
51 to 80 percent - | 2 percent return on original cost of fixed assets |
0 to 50 percent - | 3 percent return on original cost of fixed assets |
N.D.C.C. § 25-18-14