North Dakota Statutes

§ 40-33-28 — Municipal transportation system - Bond limitations

North Dakota·Title 40 Municipal Government·Ch. 40-33 Municipal Utilities
All general obligation bonds issued pursuant to sections 40-33-26 through 40-33-29 shall be subject to all the restrictions, qualifications, and limitations of chapter 21-03, as well as all constitutional limitations upon indebtedness, and all revenue bonds issued pursuant to sections 40-33-26 through 40-33-29, together with all revenues of the transportation system, shall be subject to all the limitations, qualifications, and restrictions of chapter 40-35.

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