N.D. Cent. Code § 57-02-50

Current through 2024 Legislative Session
Section 57-02-50 - Agricultural land valuation fund - Deposits - Continuing appropriation

There is established a special fund in the state treasury to be known as the agricultural land valuation fund. The moneys withheld under subsection 10 of section 57-02-27.2 must be deposited into the agricultural land valuation fund. All moneys deposited in the agricultural land valuation fund are appropriated as a continuing appropriation and must be allocated to the county from which the withholding was made upon certification from the tax commissioner of the implementation of subsection 7 of section 57-02-27.2 by that county.

N.D.C.C. § 57-02-50

Added by S.L. 2011, ch. 449 (HB 1048),§ 2, eff. 1/1/2011.