Title 54 — State Government

There is created the North Dakota pipeline authority, which shall be governed by the industrial commission. It is the intent of the legislative assembly that the pipeline authority consider the operations, finances, and market positions of private entities engaged in pipeline act…

As used in this chapter: 1. "Authority" means the industrial commission acting as the North Dakota pipeline authority. 2. "Commission" means the North Dakota industrial commission. 3. "Energy-related commodities" means any substance, element, or compound, either gaseous, liquid, …

The authority is created for the purpose of diversifying and expanding the North Dakota economy by facilitating development of pipeline facilities to support the production, transportation, and utilization of North Dakota energy-related commodities, thereby increasing employment,…

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. Before exercising its powers to construct pipeline facilities granted to it in this chapter except for subsection 3 of section 54-17.7-04, the authority shall publish in a newspaper of general circulation in North Dakota and in a newspaper in the project area a notice describi…

The authority may participate in a pipeline 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. Until sold or disposed of by the authority, the authority and the pipeline facilities built under this chapter are exempt from the provisions of title 49 except for chapters 49-22 and 49-22.1 and sections 49-02-01.2 and 49-07-05.1. Upon sale or disposal by the authority, pipel…

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, credit unions, investment companies, trustees, and other fiduciaries which may properly and legally invest fu…

1. Before becoming an owner or partial owner of a pipeline facility or acquiring capacity in a pipeline system, the authority shall develop a plan identifying: a. The public purposes of the authority's ownership or capacity acquisition. b. Conditions that would make the authority…

There is created a pipeline authority administrative fund. 1. Revenue to the fund must include: a. Moneys received from the state's oil and gas research council administrative budget. b. Moneys received from any federal agency for the purpose of this section. c. Moneys donated to…

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…

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.