54-17-01. Industrial commission to manage industries of state and to act as a state housing finance agency

54-17-01. Industrial commission to manage industries of state and to act as a state housing finance agency. The commission created to conduct and manage, on behalf of the state of North Dakota, certain utilities, industries, enterprises, including housing finance programs, and business projects established by law must be known as the industrial commission of North Dakota, but may be designated as the industrial commission. In the creation of the industrial commission, it is the intention of the legislative assembly that all acts of the industrial commission are the acts of the state of North Dakota functioning in its sovereign capacity.