North Dakota Statutes
§ 40-57-04.1 — Notice to competitors - Authority to issue bonds limited if project would compete with existing enterprises
North Dakota § 40-57-04.1
This text of North Dakota § 40-57-04.1 (Notice to competitors - Authority to issue bonds limited if project would compete with existing enterprises) 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 § 40-57-04.1 (2026).
Text
compete with existing enterprises.
Prior to approval of the issuance of any bonds under authority of this chapter, except
refunding bonds issued pursuant to section 40-57-19.1, the governing body of the municipality
shall, when a competitive project is involved, include notice of the competitive nature of the
proposed project in the public notice required to be published prior to the public hearing required
under section 40-57-04. The governing body shall not approve the bond issue unless it appears
that the impact and effect of the issue upon existing industry and business will not result in an
unfair advantage for the proposed project to the substantial detriment of existing enterprises.
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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 § 40-57-04.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/40-57-04.1.