North Dakota Statutes

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

North Dakota § 40-36-04
JurisdictionNorth Dakota
Title 40Municipal Government
Ch. 40-36Revenue Bond Refinancing Law

This text of North Dakota § 40-36-04 (Refunding bonds authorized by resolution - Adoption - Taking effect) 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 § 40-36-04 (2026).

Text

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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Bluebook (online)
North Dakota § 40-36-04, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/40-36-04.