North Dakota Code 37-07.3-02 – National guard training area and facility development trust fund – Investment and income
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The national guard training area and facility development trust fund consists of moneys transferred or credited to the fund, pursuant to this chapter and provisions of other laws. The state investment board shall invest the fund as authorized by section 21-10-07. All interest earned and income received on the investments accrue to the fund.
Terms Used In North Dakota Code 37-07.3-02
- National guard: means that part of the military forces of this state which is organized, equipped, and federally recognized under the provisions of the National Defense Act, as amended, of the United States as the "national guard, air national guard, of the United States and the state of North Dakota". See North Dakota Code 37-01-01
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49