Disclosure of financial condition
N.D. Cent. Code § 15-10-72
in effect15-10-72. Disclosure of financial condition
The state board of higher education shall provide a disclosure of the financial condition of
an institution to the qualified applicants designated as finalists pursuant to section 44-04-18.27
for the position of president of an institution. The disclosure of financial condition must identify
the institution's reserves, recent audit findings, anticipated future funding changes pursuant to
chapter 15-18.2, and the institution's composite financial index ratio. The state board of higher
education may require the qualified applicants to sign a nondisclosure agreement prior to
receiving the disclosure of financial condition.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t15c10.pdf#nameddest=15-10-72Fetched: 10/16/2026