2016 North Dakota Century Code Title 38 Mining and Gas and Oil Production Chapter 38-21 Exploration Fund
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CHAPTER 38-21
EXPLORATION FUND
38-21-01. Geophysical, geothermal, subsurface minerals, and coal exploration fund.
There is created a geophysical, geothermal, subsurface minerals, and coal exploration fund.
The following must be deposited into the fund:
1. Fees collected under sections 38-08.1-04, 38-12-03, 38-12.1-05, and 38-19-04.
2. Money received from the forfeiture of bonds or other security required by section
38-08.1-03.1, 38-12-02, 38-12.1-04, or 38-19-03.
3. Money received by the industrial commission from any federal or state agency, or any
other source, to satisfy the purposes for which the fund is established.
4. Money received for penalties imposed under section 38-08.1-07, 38-12-05,
38-12.1-08, or 38-19-07.
5. Money recovered from any person to recoup costs and expenses incurred by the
industrial commission to satisfy any duty imposed by chapter 38-08.1, 38-12, 38-12.1,
or 38-19.
38-21-02. Fund uses.
Money in the fund may be used to pay costs and expenses incurred by the industrial
commission to satisfy unfulfilled obligations imposed on persons regulated under chapters
38-08.1, 38-12, 38-12.1, and 38-19. To cure such obligations, the commission may enter
contracts consistent with the requirements of section 38-08-04.4.
38-21-03. Continuing appropriation - Cap.
All money collected under section 38-21-01 must be deposited in the fund established by
that section. The fund must be maintained as a special fund and all money transferred into the
fund is appropriated and must be used and disbursed solely for the purposes described in
section 38-21-02. If, however, the fund reaches five hundred thousand dollars, any additional
money collected under section 38-21-01 must be deposited in the general fund, provided there
are no outstanding obligations to be paid by the fund.
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