North Dakota § 54-27-20 - Revenue sharing trust fund
Full text of North Dakota North Dakota Century Code § 54-27-20 — Revenue sharing trust fund, with citation guidance and answers to common questions.
§ 54-27-20. Revenue sharing trust fund
A revenue sharing trust fund is hereby created in the state treasury for deposit of all payments received by the state under the Fiscal Assistance to State and Local Governments Act (federal-state revenue sharing) [Pub. L. 92-512; 86 Stat. 919] and acts amendatory thereto. Interest earned on these deposits must be deposited in the trust fund and disbursed in accordance with federal and state law. Moneys in the trust fund must be disbursed as authorized by legislative appropriations and federal and state law upon vouchers prepared by the director of the office of management and budget.
Source: official North Dakota text · Last verified 2026-08-27
Frequently Asked Questions About North Dakota § 54-27-20
What does North Dakota Century Code § 54-27-20 cover?
Section 54-27-20 ("Revenue sharing trust fund") is part of the North Dakota Century Code, the codified statutory law of North Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite North Dakota § 54-27-20?
A common citation format is "North Dakota Century Code § 54-27-20" (North Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of North Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Dakota official source linked on this page or consult a licensed North Dakota attorney.
How does North Dakota § 54-27-20 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in North Dakota.