North Dakota Deposit of Public Funds Initiative (1920)

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The North Dakota Deposit of Public Funds Initiative, also known as Public Funds Initiative, was on the November 2, 1920 ballot in North Dakota as an initiated state statute, where it was approved.[1] The measure provided that all state, county, township, municipal and school district funds and all penal, educational and industrial institutions to be deposited in the Bank of North Dakota. It also omitted a requirement that all local public funds be deposited in the Bank of North Dakota.[2]

Election results

North Dakota Initiative (November 1920)
ResultVotesPercentage
Approveda Yes 114,022 51.62%
No106,85348.38%

Election results via: Legislative Manual, Official vote of North Dakota, 1920

Text of measure

The text of the amended state statute can be read here.

See also

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