North Dakota Code 4.1-11-15 – Continuing appropriation
(Effective through June 30, 2024) The council shall forward all moneys received under this chapter to the state treasurer for deposit in the soybean fund. All moneys in the soybean fund are appropriated on a continuing basis to the council to be used exclusively to carry out this chapter.
Terms Used In North Dakota Code 4.1-11-15
- 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
- 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
Continuing appropriation – Use of council funds. (Effective after June 30, 2024) All moneys received under this chapter must be deposited in the soybean checkoff account at the Bank of North Dakota. All moneys in the soybean checkoff account are appropriated on a continuing basis to the council and may be used by the council for the payment of claims by the council based on the obligations incurred in the performance of council activities, functions, and purposes as provided in this chapter. The board shall segregate moneys in the soybean checkoff account from all other moneys of the council.