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Chair and Vice Chair of North Dakota Development Fund Both Resign

By Alex Carmenaty Oct 30, 2026 | 7:43 AM

(KNOX) – The chair and the vice chair of the North Dakota Development Fund have both resigned from their positions. The resignations come as the development fund’s finances recently came into question. 

An audit discovered there is missing or incomplete documentation for $4 million in transactions. 

The resignations are effective and a reason for their resignations haven’t been provided. 

The North Dakota Ethics Commission says its starting an investigation, but that its inquiry doesn’t mean an ethics violation has happened. 

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