# Title 85 — University and School Lands, Board of

## Article 85-02 — Energy Infrastructure and Impact Grants

## Chapter 85-02-04 — Aged Grants

### § 85-02-04-01. Aged grants.

In the event of an aged grant, the director shall notify the grantee in writing that the board intends to
cancel the grant and retire the remaining balance. Within fifteen days of the postmark of the notice, the
grantee shall:
1. Submit a written response to the director indicating that the grantee concurs with cancellation
of the grant; or
2. Submit a request for a grant extension.
History: Effective January 1, 2019.
General Authority: NDCC 28-32-02
Law Implemented: NDCC 57-62-05
### § 85-02-04-02. Grant deemed unresponsive.

A grantee that does not respond to the director's notice is deemed to concur with the cancellation of
the grant. The board may cancel the grant immediately and retire the remaining balance to the
originating grant fund. If an extension of an aged grant is not granted, the board may cancel the grant
immediately and retire the remaining balance to the originating grant fund.
History: Effective January 1, 2019.
General Authority: NDCC 28-32-02
Law Implemented: NDCC 15-01-02, 57-62-05
