North Dakota § 40-43-06 Purpose of judgment funding provisions

North Dakota Statutes

§ 40-43-06 — Purpose of judgment funding provisions

North Dakota·Title 40 Municipal Government·Ch. 40-43 Payment and Compromise of Judgments

This chapter creates additional powers and optional and alternative methods for the single
and specific purpose of enabling municipalities to pay and to compromise judgments, to issue
bonds to fund and satisfy the same, to levy taxes in amounts necessary for such purposes
without respect to limitations otherwise existing, and to scale down such judgments and
compromise and fund the same over a period of years.

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This chapter creates additional powers and optional and alternative methods for the single
and specific purpose of enabling municipalities to pay and to compromise judgments, to issue
bonds to fund and satisfy the same, to levy taxes in amounts necessary for such purposes
without respect to limitations otherwise existing, and to scale down such judgments and
compromise and fund the same over a period of years.

North Dakota § 40-43-06 (Purpose of judgment funding provisions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.