A legacy earnings highway distribution fund is created as a special fund in the state treasury into which must be deposited any allocations of legacy fund earnings made under section 21-10-13. Any moneys in the legacy earnings highway distribution fund must be allocated and transferred by the state treasurer, as follows:

Terms Used In North Dakota Code 54-27-19.3

  • Legacy: A gift of property made by will.
  • 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.    Sixty percent must be transferred to the department of transportation for deposit in the state highway fund; 2.    Ten percent must be transferred to the legacy earnings township highway aid fund; 3.    One and five-tenths percent must be transferred to the public transportation fund; and

4.    Twenty-eight and five-tenths percent must be allocated to cities and counties using the formula established in subsection 4 of section 54-27-19. Moneys received by counties and cities must be used for roadway purposes in accordance with section 11 of article X of the Constitution of North Dakota.

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