N.D. Cent. Code § 15-39.1-26
15-39.1-26. Investment of moneys in fund - Interest and earnings attributable to fund
15-39.1-26. Investment of moneys in fund - Interest and earnings attributable to fund
Investment of the fund is under the supervision of the state investment board in accordance
with chapter 21-10. The moneys must be placed for investment only with a firm or firms whose
endeavor is money management, and only after a trust agreement or contract has been
executed. Investment costs may be paid directly from the fund, and are hereby appropriated for
that purpose, in accordance with section 21-10-06.2. All interest and earnings on funds
administered by the board must be credited to the fund.