North Dakota Statutes
§ 40-24-05 — Water main and waterworks special assessments extended over a period of not more than thirty years
North Dakota·Title 40 Municipal Government·Ch. 40-24 Special Assessment Funds and Disbursements Thereof
not more than thirty years.
Special assessments for the payment of the cost of constructing or laying any water mains
or constructing any waterworks shall be payable in equal annual amounts, or in such annual
amounts as will permit the annual increase in payment of principal to approximate the annual
decrease in the interest on amounts remaining unpaid, extending over a period of not more than
thirty years as the governing body may fix by ordinance or resolution.
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Nearby Sections
15
§ 40-01-01
Definitions§ 40-01-02
Municipalities are bodies corporate§ 40-01-04
Vested rights§ 40-01-09
Official newspaper of municipality§ 40-01-13
Payment of accounts by municipality