North Dakota § 40-33-29 Municipal transportation system - Application - Intent

North Dakota Statutes

§ 40-33-29 — Municipal transportation system - Application - Intent

North Dakota·Title 40 Municipal Government·Ch. 40-33 Municipal Utilities

The provisions of sections 40-33-26 through 40-33-29 shall not apply to any case in which a
municipality determines that the acquisition of a public transportation system should be financed
through general obligation bonds only, or through revenue bonds only, it being the intention of
the legislative assembly that sections 40-33-26 through 40-33-29 shall apply only in cases in
which such financing is to be accomplished through a combination of revenue bonds and
general obligation bonds.

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The provisions of sections 40-33-26 through 40-33-29 shall not apply to any case in which a
municipality determines that the acquisition of a public transportation system should be financed
through general obligation bonds only, or through revenue bonds only, it being the intention of
the legislative assembly that sections 40-33-26 through 40-33-29 shall apply only in cases in
which such financing is to be accomplished through a combination of revenue bonds and
general obligation bonds.

North Dakota § 40-33-29 (Municipal transportation system - Application - Intent) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.