North Dakota Century Code — Title 57 (Taxation)
N.D.C.C. § 57-02.3-02
Imposition of in lieu of tax payments
Official textlegis.nd.gov
The board of university and school lands shall annually make payments, subject to legislative appropriations, to any county in which property subject to valuation is located. The payments are in lieu of ad valorem taxes that would be payable to the county if the real property for which the payments are made were not owned by the state. This chapter does not affect the provisions of chapter 57-29.
Source: view the official PDF
In this chapter (7 sections)
- 57-02.3-01 · Definition
- 57-02.3-02 · Imposition of in lieu of tax payments
- 57-02.3-03 · Assessment of property - Notice to county auditors
- 57-02.3-04 · Appearance before state board of equalization
- 57-02.3-05 · Computation of payment - Remittance to counties
- 57-02.3-06 · Allocation of revenue within counties
- 57-02.3-07 · Appropriation