In the management, operation, and control of all utilities, industries, enterprises, and business projects established, owned, undertaken, administered, or operated by the state, and to accomplish the purposes of this chapter, the industrial commission shall:

Terms Used In North Dakota Code 54-17-10

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • 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

1.    Acquire by purchase, lease, or, subject to chapter 32-15, by exercise of the right of eminent domain, all necessary property or property rights, and hold and possess or sell the whole or any part thereof.

2.    Construct and reconstruct necessary buildings on the properties acquired.

3.    Equip, maintain, repair, and alter any and all properties acquired and the improvements thereon.

4.    Generally use properties acquired and improvements made so as to promote such utilities, industries, enterprises, and business projects.