---
kind: "section"
citation: "7 U.S.C. § 309"
title: "7"
title_heading: "Agriculture"
number: "309"
heading: "Land grants in the State of North Dakota"
release: "119-102"
url: "https://uscodex.org/usc/7/309"
units:
  - "Chapter 13 — Agricultural and Mechanical Colleges"
  - "Subchapter I — College-Aid Land Appropriation"
---

# §309. Land grants in the State of North Dakota

- (a) **Expenses—** Notwithstanding [section 303 of this title](/usc/7/303.md), the [State](/usc/7/349.md) of North Dakota shall manage the land granted to the [State](/usc/7/349.md) under [section 301 of this title](/usc/7/301.md), including any proceeds from the land, in accordance with this section.
- (b) **Disposition of proceeds—** Notwithstanding [section 304 of this title](/usc/7/304.md), the [State](/usc/7/349.md) of North Dakota shall, with respect to any trust [fund](/usc/7/4531.md?p=5) in which proceeds from the sale of land under this subchapter are deposited (referred to in this section as the “trust [fund](/usc/7/4531.md?p=5)”)—
  - (1) deposit all revenues earned by a trust [fund](/usc/7/4531.md?p=5) into the trust [fund](/usc/7/4531.md?p=5);
  - (2) deduct the costs of administering a trust [fund](/usc/7/4531.md?p=5) from each trust [fund](/usc/7/4531.md?p=5); and
  - (3) manage each trust [fund](/usc/7/4531.md?p=5) to—
    - (A) preserve the purchasing power of the trust [fund](/usc/7/4531.md?p=5); and
    - (B) maintain stable distributions to trust [fund](/usc/7/4531.md?p=5) beneficiaries.
- (c) **Distributions—** Notwithstanding [section 304 of this title](/usc/7/304.md), any distributions from trust [funds](/usc/7/4531.md?p=5) in the [State](/usc/7/349.md) of North Dakota shall be made in accordance with [section 2](/usc/7/2.md) of article IX of the Constitution of the [State](/usc/7/349.md) of North Dakota.
- (d) **Management—** Notwithstanding [section 305 of this title](/usc/7/305.md), the [State](/usc/7/349.md) of North Dakota shall manage the land granted under [section 301 of this title](/usc/7/301.md), including any proceeds from the land, in accordance with this section.

## Source credit

(July 2, 1862, ch. 130, § 9, as added Pub. L. 111–11, title XIII, § 13001(b), Mar. 30, 2009, 123 Stat. 1446.)
