North Dakota § 11-14-19 Treasurer not to speculate in county warrants - Penalty

North Dakota Statutes

§ 11-14-19 — Treasurer not to speculate in county warrants - Penalty

North Dakota § 11-14-19

Title 11Counties

Ch. 11-14County Treasurer

This text of North Dakota § 11-14-19 (Treasurer not to speculate in county warrants - Penalty) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 11-14-19 (2026).

Text

A county treasurer shall not either directly or indirectly contract for or purchase any warrant
or other evidence of indebtedness issued by the county of which the person is treasurer at any
discount upon the sum due thereon. If a county treasurer shall contract for or purchase any
such warrant or other evidence of indebtedness contrary to the provisions of this section, the
treasurer shall forfeit the whole amount due thereon. The forfeiture shall be recovered for the
benefit of the county by civil action brought by the state of North Dakota.

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A county treasurer shall not either directly or indirectly contract for or purchase any warrant
or other evidence of indebtedness issued by the county of which the person is treasurer at any
discount upon the sum due thereon. If a county treasurer shall contract for or purchase any
such warrant or other evidence of indebtedness contrary to the provisions of this section, the
treasurer shall forfeit the whole amount due thereon. The forfeiture shall be recovered for the
benefit of the county by civil action brought by the state of North Dakota.