North Dakota § 40-36-04 Refunding bonds authorized by resolution - Adoption - Taking effect

North Dakota Statutes

§ 40-36-04 — Refunding bonds authorized by resolution - Adoption - Taking effect

North Dakota·Title 40 Municipal Government·Ch. 40-36 Revenue Bond Refinancing Law

Refunding bonds shall be authorized by resolution of the governing body of a municipality.
Such resolution may be adopted at a regular or special meeting, and at the same meeting at
which it is introduced, by the affirmative vote of a majority of all of the members of the governing
body, and shall take effect immediately upon the adoption thereof. No other proceedings or
procedure of any character whatever shall be required for the issuance of refunding bonds by
the municipality.

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Refunding bonds shall be authorized by resolution of the governing body of a municipality.
Such resolution may be adopted at a regular or special meeting, and at the same meeting at
which it is introduced, by the affirmative vote of a majority of all of the members of the governing
body, and shall take effect immediately upon the adoption thereof. No other proceedings or
procedure of any character whatever shall be required for the issuance of refunding bonds by
the municipality.

North Dakota § 40-36-04 (Refunding bonds authorized by resolution - Adoption - Taking effect) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.