North Dakota § 54-30-32 - Management of the trust
Full text of North Dakota North Dakota Century Code § 54-30-32 — Management of the trust, with citation guidance and answers to common questions.
§ 54-30-32. Management of the trust
During the intervals between remittances to the state treasurer for the state general fund, funds available therefor may be invested as other moneys of the Bank of North Dakota are invested. The president of the Bank of North Dakota shall collect upon and enforce to the fullest extent all rights, things, and properties belonging or accruing to the trust in the president's custody. The president may foreclose mortgages by advertisement under power of sale in the manner that mortgages of the state school funds are foreclosed, and all remedies and procedures available to the state or any department thereof are available to the president to protect, manage, and conduct the trust. No special power of attorney nor affidavit as to attorney's fees is required.
Source: official North Dakota text · Last verified 2026-08-27
Frequently Asked Questions About North Dakota § 54-30-32
What does North Dakota Century Code § 54-30-32 cover?
Section 54-30-32 ("Management of the trust") 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 § 54-30-32?
A common citation format is "North Dakota Century Code § 54-30-32" (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 § 54-30-32 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.