North Dakota Code 54-18-07 – Compensation of employees and expenditures remain within appropriation
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The total compensation of the appointees and employees of the association, together with other expenditures for the operation and maintenance of the association, must remain within the appropriation and earnings lawfully available in each year for such purposes.
Terms Used In North Dakota Code 54-18-07
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- year: means twelve consecutive months. See North Dakota Code 1-01-33