Expenditures by and on behalf of the state for public buildings or other structures for educational, charitable, penal, industrial, or other public purposes shall be made in order to provide the equipment to promote such public purposes, and such investments shall not be interest bearing.
48-03-02. Auditors prohibited from setting up interest charges in audit where no interest charged on public buildings. Auditing boards, auditors, and examiners in their respective audits and examinations shall refrain from setting up an interest charge on the amounts invested in any public building or structure. The books of the respective institutions or boards shall be adjusted accordingly.