ND SB2302

Amends state investment board meeting procedures to allow meetings at the call of the chair or investment director, or upon written notice signed by two board members.

Adds the legacy fund to the list of funds under state investment board management, alongside existing funds such as teachers' retirement, public employees retirement system, and budget stabilization fund.

Creates the legacy and budget stabilization fund advisory board composed of two state senators, two representatives, the director of office of management and budget, president of Bank of North Dakota, and tax commissioner to develop investment recommendations.

Establishes that the legacy fund's investment goal is principal preservation while maximizing total return, with the advisory board reporting semiannually to the budget section.

Declares the act an emergency measure.