State treasurer to have custody of income from granted lands

N.D.C.C. § 25-01-11 — under General Provisions.

N.D.C.C. § 25-01-11

The state treasurer is custodian of all funds arising from the sale of any lands granted to any institution named in this chapter, and such funds must be deposited with the state treasurer. The state treasurer shall keep a separate account for each such institution to which a land grant has been made, and moneys in each such separate fund must be used exclusively for the benefit of the institution to which the same belongs.

25-01-12. Drawing of funds - Sale of lands - Release of mortgages - Appropriations limit power to contract. Moneys appropriated or given to any institution mentioned in this chapter shall be expended only upon order of the supervising officer. The supervising officer, however, does not have the power to bind the state for any purpose in connection with any such institution beyond the amount of the appropriation which may have been made to such institution for such purpose, nor to sell or convey any part of the real estate belonging to any such institution without the consent of the legislative assembly, except that it may release any mortgage or convey any real estate which may have been received by it through any gift, bequest, or devise or upon any trust, the terms of which authorize such satisfaction or conveyance.

25-01-13. Members of board and officers of institutions not to be interested in certain contracts. Repealed by S.L. 1965, ch. 203, § 86.

25-01-14. Claim for or proceedings to recover money in inmates' or patients' fund - Limitation. Repealed by S.L. 1961, ch. 211, § 9.

25-01-15. Money remaining in inmates' or patients' personal accounts transferred to general welfare account of institution. Repealed by S.L. 1975, ch. 425, § 29.