North Dakota Statutes

§ 21-03-45 — Sinking fund - Surplus placed in general fund

North Dakota § 21-03-45
JurisdictionNorth Dakota
Title 21Governmental Finance
Ch. 21-03Bonds

This text of North Dakota § 21-03-45 (Sinking fund - Surplus placed in general fund) 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 § 21-03-45 (2026).

Text

Any surplus in a sinking fund after all of the bonds for the payment of which the fund was created have been paid and canceled and after all investments of the second and third class finally have been disposed of or realized upon, must, within two years, be placed in the general fund of the municipal treasury.

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Bluebook (online)
North Dakota § 21-03-45, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/21-03-45.