N.D. Cent. Code § 57-19-01

Current through 2024 Legislative Session

Section 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.

N.D.C.C. § 57-19-01

Amended by S.L. 2015, ch. 137 (SB 2031),§ 25, eff. 7/1/2015.

Amended by S.L. 2013, ch. 13 (HB 1013),§ 66, eff. 7/1/2015.

Amended by S.L. 2013, ch. 13 (HB 1013),§ 54, eff. 7/1/2013.