North Dakota AG Opinions, 1967

OPINION 67-220 January 4, 1967 (OPINION) General James O. Guthrie Chairman State Employees' Retirement Board RE: State - Employees' Retirement System - Investment of Funds This is in response to your letter in which you recite a brief summary of the transactions of the State Employees' Retirement Plan and then ask for an opinion on the following questions: 1. May State Employee Retirement Funds be invested in corporate (common) stock? 2. Is an investment management contract with the Retirement Board prohibited by the North Dakota Securities Act (Chapter 10-04 N.D.C.C.)?

OPINION 67-10 January 3, 1967 (OPINION) Mr. Arne Dahl Commissioner Agriculture and Labor RE: Agriculture - Livestock Dealers - Licenses Your request for an opinion dated December 27, 1966, has been received by this office. Question 1. "Must each individual named in a copartnership, association, or corporation, doing business as livestock and/or wool dealer be bonded and licensed, and each pay a fee of $10,00, or will one license, one bond in the amount of $5,000, and one $10.00 fee be sufficient for each of the above categories?" Section 36-04-01 of the North Dakota Centur