North Dakota Statutes

§ 61-02-57 — Moneys appropriated to pay interest and principal of bonds available as a revolving fund

North Dakota § 61-02-57
JurisdictionNorth Dakota
Title 61Waters
Ch. 61-02Water Commission

This text of North Dakota § 61-02-57 (Moneys appropriated to pay interest and principal of bonds available as a revolving fund) 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 § 61-02-57 (2026).

Text

revolving fund. Moneys appropriated to enable the commission to guarantee the payment of the interest or principal of its bonds shall be available to the commission as a continuing revolving fund, and moneys so appropriated, and any unexpended balances thereof, including interest on the moneys and unexpended balances, shall not revert to the state general fund at the end of any biennial fiscal period but shall be available for use by the commission to insure and guarantee the payment of, or pay, to the extent provided in this chapter, the interest and principal of its bonds until otherwise required by law.

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Bluebook (online)
North Dakota § 61-02-57, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/61-02-57.