North Dakota Statutes

§ 40-36-14 — Recourse to general fund to pay refunding bonds prohibited - Credit or taxing power not pledged to payment

North Dakota § 40-36-14
JurisdictionNorth Dakota
Title 40Municipal Government
Ch. 40-36Revenue Bond Refinancing Law

This text of North Dakota § 40-36-14 (Recourse to general fund to pay refunding bonds prohibited - Credit or taxing power not pledged to payment) 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 § 40-36-14 (2026).

Text

taxing power not pledged to payment. No recourse shall be had to the general fund of any municipality for the payment of refunding bonds or interest thereon, or any part thereof. The credit or taxing power of any municipality shall not be deemed to be pledged to the payment of refunding bonds.

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Bluebook (online)
North Dakota § 40-36-14, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/40-36-14.