North Dakota Statutes

§ 61-02-68.1 — Borrowing on interim notes - Expenses paid and loans made from proceeds - Issuance of notes

North Dakota § 61-02-68.1
JurisdictionNorth Dakota
Title 61Waters
Ch. 61-02Water Commission

This text of North Dakota § 61-02-68.1 (Borrowing on interim notes - Expenses paid and loans made from proceeds - Issuance of notes) 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 § 61-02-68.1 (2026).

Text

proceeds - Issuance of notes. The commission, pursuant to appropriate resolution, and in order to carry out the business of developing the water resources of this state as provided in this chapter, may borrow money and issue interim financing notes (the terms "interim notes" or "notes", unless the context otherwise requires, may be used in sections 61-02-68.1 through 61-02-68.19 in lieu of the term "interim financing notes") in evidence thereof in order to provide owners with construction period financing. The construction period financing may include the costs of construction of works or projects, funding of debt service reserves and capitalized interest, and the payment of the costs of issuance.

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Bluebook (online)
North Dakota § 61-02-68.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/61-02-68.1.