North Dakota Statutes
§ 61-02-58 — Lien upon bond proceeds
North Dakota § 61-02-58
This text of North Dakota § 61-02-58 (Lien upon bond proceeds) 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 § 61-02-58 (2026).
Text
All moneys received from bonds of any series issued pursuant to this chapter shall be used
solely for the purpose of paying the cost of the works or projects for the construction of which
the bonds have been issued, or for the purpose of paying costs of issuance, interest during
construction, and establishing any reasonably required reserve funds. There shall be a lien
upon such moneys, until so used in favor of the holders of the bonds or the trustee provided for
in this chapter in respect to the bonds.
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
15
§ 61-01-01
Waters of the state - Public waters§ 61-01-01.1
Reciprocal rights of riparian owners§ 61-01-02
Right to use water - Basis - Waters appropriated for irrigation purposes - Priority in time§ 61-01-04
Eminent domain - Who may exercise§ 61-01-06
Watercourse and waterway - Definitions§ 61-01-07
Obstruction of watercourses - Penalty§ 61-01-08
Obstructing navigation - Penalty§ 61-01-09
Destruction of dams - Penalty§ 61-01-11
Removing or injuring piles - PenaltyCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 61-02-58, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/61-02-58.