North Dakota Code 47-30.2-46 – Deposit of funds – Continuing appropriation
1. Except as otherwise provided by this section, all funds received under this chapter, including the proceeds from the sale of abandoned property under section 47-30.2-40, must be promptly deposited in the state treasury to the credit of the common schools trust fund.
Terms Used In North Dakota Code 47-30.2-46
- Property: includes property, real and personal. See North Dakota Code 1-01-49
- 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
2. There is appropriated annually the amounts necessary to pay all expense deductions under this section, including:
a. Any costs in connection with the sale of abandoned property; b. Costs of mailing, publication, and outreach efforts in connection with any abandoned property; c. Reasonable service charges; d. Costs incurred in examining records of holders of property and in collecting the property from those holders; e. Funds for the payment of claims; f. Funds for the payment of holder refunds; and
g. Funds for attorney’s fees and all other reasonable costs and expenses incurred in an action or suit.