North Dakota Code > Chapter 15-68 – Indian Cultural Education Trust
Current as of: 2023 | Check for updates
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Other versions
| § 15-68-01 | Trust establishment |
| § 15-68-02 | Powers and duties of board |
| § 15-68-03 | Donation |
| § 15-68-04 | Trust management |
| § 15-68-05 | Payments in lieu of taxation |
| § 15-68-06 | Continuing appropriation |
Terms Used In North Dakota Code > Chapter 15-68 - Indian Cultural Education Trust
- Bequest: Property gifted by will.
- Devise: To gift property by will.
- Donor: The person who makes a gift.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- 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