N.D. Cent. Code § 61-02-57
61-02-57. Moneys appropriated to pay interest and principal of bonds available as a revolving fund
61-02-57. Moneys appropriated to pay interest and principal of bonds available as a
revolving fund.
Moneys appropriated to enable the commission to guarantee the payment of the interest or
principal of its bonds shall be available to the commission as a continuing revolving fund, and
moneys so appropriated, and any unexpended balances thereof, including interest on the
moneys and unexpended balances, shall not revert to the state general fund at the end of any
biennial fiscal period but shall be available for use by the commission to insure and guarantee
the payment of, or pay, to the extent provided in this chapter, the interest and principal of its
bonds until otherwise required by law.