N.D. Cent. Code § 21-03-44
21-03-44. Sinking fund - Use for unauthorized purpose
21-03-44. Sinking fund - Use for unauthorized purpose
Money may not be withdrawn from a sinking fund and appropriated to any purpose other
than the purpose for which the fund was instituted until that purpose has been accomplished,
except as authorized by section 6-09.4-23 and sections 21-03-42 through 21-03-45.