North Dakota Statutes
§ 15-55-08 — Who may invest in bonds
North Dakota § 15-55-08
This text of North Dakota § 15-55-08 (Who may invest in bonds) 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 § 15-55-08 (2026).
Text
Any bank or trust company organized under the laws of this state may invest its capital and
surplus in bonds issued under this chapter. Any state board, bureau, institution, or industry
having the power to invest public funds or the funds of such board, bureau, institution, or
industry may invest said funds in bonds issued pursuant to this chapter in the same manner and
under the same restrictions as are provided by law for other investments. The officers having
charge of any sinking fund of any county, city, town, township, or school district thereof may
invest the sinking fund of such county, city, town, township, or school district in bonds issued
under the provisions thereof. The bonds are authorized collateral security for the deposit of any
public funds and for the investment of trus
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Nearby Sections
15
§ 15-01-01
Board - Membership - Officers§ 15-01-03
Meetings of board - Quorum§ 15-01-04
Record of meeting§ 15-02-02
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Commissioner - Salary§ 15-02-04
Deputy commissioner - Appointment - Oath§ 15-02-05
Powers and duties in general§ 15-02-05.1
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Administrator of abandoned property - EmploymentCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 15-55-08, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/15-55-08.