North Dakota Statutes
§ 40-53.1-09 — Dissolution - Insufficient income to pay obligations - Levy of tax - Duty vested in board of county commissioners
North Dakota § 40-53.1-09
This text of North Dakota § 40-53.1-09 (Dissolution - Insufficient income to pay obligations - Levy of tax - Duty vested in board of county commissioners) 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 § 40-53.1-09 (2026).
Text
vested in board of county commissioners.
If insufficient money is received from the operation of the property of the dissolved city to
pay the obligations in the order designated, the board of county commissioners shall levy a tax
on all taxable property within the boundary of the city at the time of its dissolution. This tax shall
be sufficient to pay the obligations incurred in the operation of the property of the city and to
comply with the terms and conditions of the evidences of the bonded indebtedness. The board
of county commissioners shall, without charge, perform the duties of the governing body of the
dissolved city to satisfy the terms of the bonds, obligations, or contracts of the dissolved city.
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Nearby Sections
15
§ 40-01-01
Definitions§ 40-01-02
Municipalities are bodies corporate§ 40-01-04
Vested rights§ 40-01-09
Official newspaper of municipality§ 40-01-13
Payment of accounts by municipalityCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 40-53.1-09, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/40-53.1-09.