HB1278 — A BILL for an Act to amend and reenact sections 21-10-02, 21-10-06.1, 21-10-08.1, and subsection 10 of section 54-44.4-02 of the North Dakota Century Code, relating to the powers and duties of the state investment board, restrictions on perpetual contracts, required reports, and the prohibition on social investments; and to provide for a legislative management study.

HB1278 — A BILL for an Act to amend and reenact sections 21-10-02, 21-10-06.1, 21-10-08.1, and subsection 10 of section 54-44.4-02 of the North Dakota Century Code, relating to the powers and duties of the state investment board, restrictions on perpetual contracts, required reports, and the prohibition on social investments; and to provide for a legislative management study. · Informed CitizenryThis bill amends the North Dakota Century Code to modify the powers and duties of the state investment board and the management of the legacy fund. It requires that any designated agent, custodian,…Open in Informed Citizenry