North Dakota Code 43-28.1-09 – Gifts, grants, and donations – Continuing appropriation
The department of health and human services may accept any conditional or unconditional gift, grant, or donation for the purpose of providing funds for the repayment of dentists’ educational loans. If any entity desires to provide funds to the department of health and human services to allow an expansion of the program beyond the dentists contemplated by this chapter, the entity shall commit to fund fully the expansion for a period of five years. The department of health and human services may contract with any public or private entity and may expend any moneys available to the department of health and human services to obtain matching funds for the purposes of this chapter. All money received as gifts, grants, or donations under this section is appropriated as a continuing appropriation to the department of health and human services for the purpose of providing funds for the repayment of additional dentists’ educational loans.
Terms Used In North Dakota Code 43-28.1-09
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Contract: A legal written agreement that becomes binding when signed.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.