North Dakota § 54-17.2-02.1 Evidences of indebtedness conditions - Continued authority

North Dakota Statutes

§ 54-17.2-02.1 — Evidences of indebtedness conditions - Continued authority

North Dakota § 54-17.2-02.1

Title 54State Government

Ch. 54-17.2North Dakota Building Authority

This text of North Dakota § 54-17.2-02.1 (Evidences of indebtedness conditions - Continued authority) 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 § 54-17.2-02.1 (2026).

Text

The commission may issue evidences of indebtedness subject to the condition that
payments under financing agreements shall begin no earlier than the first business day of the
biennium following the biennium of issuance. Although the authority to issue evidences of
indebtedness for specific projects may terminate, the commission may exercise all other powers
granted to the commission under this chapter and may comply with any covenants entered into
before the applicable termination date.

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The commission may issue evidences of indebtedness subject to the condition that
payments under financing agreements shall begin no earlier than the first business day of the
biennium following the biennium of issuance. Although the authority to issue evidences of
indebtedness for specific projects may terminate, the commission may exercise all other powers
granted to the commission under this chapter and may comply with any covenants entered into
before the applicable termination date.