North Dakota Code 23.1-12-30 – Investment of fund
Current as of: 2023 | Check for updates
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Investment of the fund is under the supervision of the state investment board in accordance with chapter 21-10. The department may purchase a contract for reinsurance of any risk to be paid by the fund. The department may investigate the purchase of insurance that reimburses an owner or operator for property damage claims by third parties other than claims for costs of corrective action.
Terms Used In North Dakota Code 23.1-12-30
- Contract: A legal written agreement that becomes binding when signed.
- Property: includes property, real and personal. See North Dakota Code 1-01-49
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49