North Dakota § 54-17.2-10 Appropriations and funds from which payments are payable - Commission's power to use or sell facilities for other purposes on nonpayment

North Dakota Statutes

§ 54-17.2-10 — Appropriations and funds from which payments are payable - Commission's power to use or sell facilities for other purposes on nonpayment

North Dakota § 54-17.2-10

Title 54State Government

Ch. 54-17.2North Dakota Building Authority

This text of North Dakota § 54-17.2-10 (Appropriations and funds from which payments are payable - Commission's power to use or sell facilities for other purposes on nonpayment) 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 § 54-17.2-10 (2026).

Text

Commission's power to use or sell facilities for other purposes on nonpayment.
A financing agreement must provide that payments due under the financing agreement are
payable solely from appropriations to be made by the legislative assembly for such payment,
money available to the state not requiring appropriation, money generated from charges made
for use of the project, any revenues derived by the commission from the operation of the project,
or any combination of such moneys. The financing agreement may provide that the commission
upon nonpayment is immediately entitled to the peaceable possession, access, and occupancy
of the project and all appurtenances and easements appertaining thereto, and may maintain
and operate the project or execute leases for the project or sell the project to

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Commission's power to use or sell facilities for other purposes on nonpayment.
A financing agreement must provide that payments due under the financing agreement are
payable solely from appropriations to be made by the legislative assembly for such payment,
money available to the state not requiring appropriation, money generated from charges made
for use of the project, any revenues derived by the commission from the operation of the project,
or any combination of such moneys. The financing agreement may provide that the commission
upon nonpayment is immediately entitled to the peaceable possession, access, and occupancy
of the project and all appurtenances and easements appertaining thereto, and may maintain
and operate the project or execute leases for the project or sell the project to political
subdivisions of the state or private persons or entities for any purpose.