North Dakota Statutes

§ 21-13-04 — Delinquent loans

North Dakota·Title 21 Governmental Finance·Ch. 21-13 Political Subdivision Borrowing
If designated revenues are not sufficient to pay a loan balance, in addition to the designated revenues, the political subdivision may set aside up to ten percent of the amount of the collections from current tax revenues to pay to the lending bank or credit union on a monthly basis until the delinquent loans have been paid in full.

Free access — add to your briefcase to read the full text and ask questions with AI

North Dakota § 21-13-04 (Delinquent loans) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗