North Dakota Statutes

§ 40-36-11 — No priority in refunding bonds of same issue

North Dakota § 40-36-11
JurisdictionNorth Dakota
Title 40Municipal Government
Ch. 40-36Revenue Bond Refinancing Law

This text of North Dakota § 40-36-11 (No priority in refunding bonds of same issue) 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 § 40-36-11 (2026).

Text

All refunding bonds of the same issue shall be secured equally and ratably, without priority by reason of number, date of bonds, date of sale, date of execution, or date of delivery, by a lien upon the revenues of the enterprise in accordance with the provisions of this chapter and the resolution authorizing the issuance of such refunding bonds.

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Bluebook (online)
North Dakota § 40-36-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/40-36-11.