North Dakota § 11-03-16 Tax levy by new county for payment of bonds

North Dakota Statutes

§ 11-03-16 — Tax levy by new county for payment of bonds

North Dakota·Title 11 Counties·Ch. 11-03 Division of Counties

The board of county commissioners of a county issuing bonds under the provisions of this
chapter shall levy and cause to be collected for each year after the date of such bonds a tax
sufficient to pay the interest thereon as it shall become due and also sufficient to establish
sinking funds required under the laws under which the bonds of the original county were issued
and sufficient to redeem the bonds at maturity.

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The board of county commissioners of a county issuing bonds under the provisions of this
chapter shall levy and cause to be collected for each year after the date of such bonds a tax
sufficient to pay the interest thereon as it shall become due and also sufficient to establish
sinking funds required under the laws under which the bonds of the original county were issued
and sufficient to redeem the bonds at maturity.

North Dakota § 11-03-16 (Tax levy by new county for payment of bonds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.