The North Dakota Legislature can transfer funds from the Bank’s profits for the state’s general fund and to support special programs. The first such transfer happened in 1945 for $1,725. With every session, Bank leaders work with legislators and state agency stakeholders to set an appropriate portion of the Bank’s profits to return to the state. Since that first transfer in 1945 through 2019, the bank has returned more than $1 billion of its profits for these activities.
