North Dakota § 40-35-05 Cost of undertaking - How determined

North Dakota Statutes

§ 40-35-05 — Cost of undertaking - How determined

North Dakota § 40-35-05

Title 40Municipal Government

Ch. 40-35Revenue Bond Law

This text of North Dakota § 40-35-05 (Cost of undertaking - How determined) 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 § 40-35-05 (2026).

Text

In determining the cost of an undertaking, the governing body may include all cost and
estimated cost of the issuance of the revenue bonds, all engineering, inspection, fiscal, and
legal expenses, any bond reserves, and the interest which it is estimated will accrue during the
construction period and for six months thereafter on money borrowed or which it is estimated
will be borrowed pursuant to this chapter.

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In determining the cost of an undertaking, the governing body may include all cost and
estimated cost of the issuance of the revenue bonds, all engineering, inspection, fiscal, and
legal expenses, any bond reserves, and the interest which it is estimated will accrue during the
construction period and for six months thereafter on money borrowed or which it is estimated
will be borrowed pursuant to this chapter.