A public finance authority is established under the operation, management, and control of the industrial commission to be known as the "public finance authority". The public finance authority is constituted as an instrumentality of the state exercising public and governmental functions, and the exercise by the public finance authority of the powers conferred by this chapter must be deemed and held to be an essential governmental function of the state.
N.D. Cent. Code § 6-09.4-04
Creation of public finance authority
Official source: North Dakota Legislative Branch. Reproduced from public-domain North Dakota statutes; confirm against the official source for the current text. Not legal advice.