N.D. Cent. Code § 57-19-01
Current through the 2023 Legislative Sessions
Each school district in this state may establish and maintain a special reserve fund, subject to the limitations in section 57-15-14.2. The balance of moneys in the fund may not exceed that which could be produced by a levy of fifteen mills in that district for that year.
N.D.C.C. § 57-19-01