The $8.5 billion Legacy Fund now is making investments in North Dakota under a law passed in 2021. So far, $62.5 million of an initial allotment of $250 million for equity investments is invested.
The $8.5 billion Legacy Fund now is making investments in North Dakota under a law passed in 2021. So far, $62.5 million of an initial allotment of $250 million for equity investments is invested.
The $8.5 billion Legacy Fund now is making investments in North Dakota under a law passed in 2021. So far, $62.5 million of an initial allotment of $250 million for equity investments is invested.
Under Rep. Keith Kempenich's direction, the board drew criticism for perceived delays in the rollout of an in-state investment program using North Dakota's voter-approved Legacy Fund. On Wednesday, the panel elected Sen. Jerry Klein as chairman, demoting Kempenich to vice-chairman.
BISMARCK, N.D. (AP) — A longtime lawmaker and retired grocer was chosen Wednesday to head an advisory board developing guidelines for in-state investments from North Dakota’s voter-approved oil tax savings