North Dakota Statutes

§ 17-05-10 — Bonds as legal investments

North Dakota § 17-05-10
JurisdictionNorth Dakota
Title 17Energy
Ch. 17-05Transmission Authority

This text of North Dakota § 17-05-10 (Bonds as legal investments) 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 § 17-05-10 (2026).

Text

The bonds of the authority are legal investments which may be used as collateral for public funds of the state, insurance companies, banks, savings and loan associations, investment companies, trustees, and other fiduciaries which may properly and legally invest funds in their control or belonging to them in bonds of the authority. The state investment board may invest in bonds of the authority in an amount specified by the state investment board.

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Bluebook (online)
North Dakota § 17-05-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/17-05-10.