The North Dakota Legacy Fund is a sovereign wealth fund of the U.S. state of North Dakota. Contributions to the fund must include "[t]hirty percent of total revenue derived from taxes on oil and gas production or extraction." The fund was established by ballot initiative in 2010.
The North Dakota Legacy Fund is a sovereign wealth fund of the U.S. state of North Dakota. Contributions to the fund must include "[t]hirty percent of total revenue derived from taxes on oil and gas production or extraction." The fund was established by ballot initiative in 2010.
Source: Wikipedia "North Dakota Legacy Fund" · CC BY-SA 4.0
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