Title 17 — Energy

The legislative assembly finds and declares that: 1. North Dakota has twenty-five billion tons of abundant, recoverable lignite coal reserves, enough to last eight hundred years at today's thirty million tons of annual production. 2. The lignite industry presently generates elect…

There is created the North Dakota transmission authority, which shall be governed by the industrial commission.

As used in this chapter: 1. "Authority" means the industrial commission acting as the North Dakota transmission authority. 2. "Commission" means the industrial commission. 3. "Notice of intent" means the notice a person delivers to the authority indicating willingness to construc…

The purpose for which the authority is created is to diversify and expand the North Dakota economy by facilitating development of transmission facilities to support the production, transportation, and utilization of North Dakota electric energy.

The authority has all powers necessary to carry out the purposes of this chapter, including the power to: 1. Make grants or loans and to provide other forms of financial assistance as necessary or appropriate for the purposes of this chapter; 2. Make and execute contracts and all…

1. The authority shall coordinate its plans for transmission facilities with regional organizations having transmission planning responsibilities for the project area. 2. Before exercising its powers to construct transmission facilities granted to it in this chapter, the authorit…

The authority may participate in a transmission facility through financing, planning, joint ownership, or other arrangements at the request of a person giving a notice of intent.

1. Evidences of indebtedness of the authority must be authorized by resolution of the industrial commission and may be issued in one or more series and must bear such date or dates, mature at such time or times, bear interest at such rate or rates of interest per year, be in such…

1. The authority and the transmission facilities built under this chapter, until sold or disposed of by the authority, are exempt from the provisions of title 49 except for chapters 49-22 and 49-22.1. Upon sale or disposal by the authority, transmission facilities built under thi…

The bonds of the authority are legal investments which may be used as collateral for public funds of the state, insurance companies, banks, savings and loan associations, investment companies, trustees, and other fiduciaries which may properly and legally invest funds in their co…

1. Before becoming an owner or partial owner of a transmission facility, the authority shall develop a plan identifying: a. The public purposes of the authority's ownership; b. Conditions that would make the authority's ownership no longer necessary for accomplishing those public…

Transmission facilities built under this chapter are exempt from property taxes for a period determined by the authority not to exceed the first five taxable years of operation; after this initial period, transmission lines of two hundred thirty kilovolts or larger and the transm…

1. The authority shall deliver a written report on its activities to the legislative council each biennium. The authority shall provide an annual report to the industrial commission detailing activities and expenditures incurred during the preceding year. 2. The authority shall d…

1. Materials and data submitted to, or made or received by, the authority, to the extent that the authority determines the materials or data consist of trade secrets or commercial, financial, or proprietary information of individuals or entities applying to or contracting with th…