North Dakota Statutes

§ 61-08-14 — Awarding sale of bond issue - Rejecting bids

North Dakota § 61-08-14
JurisdictionNorth Dakota
Title 61Waters
Ch. 61-08Fiscal Affairs of Irrigation Districts

This text of North Dakota § 61-08-14 (Awarding sale of bond issue - Rejecting bids) 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 § 61-08-14 (2026).

Text

The board of directors shall award the sale of bonds to the bidder who agrees to purchase them upon the terms most favorable to the district, except that the board may reject any and all bids. No sale may be for less than ninety-eight percent of the par value and accrued interest on the bonds.

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Bluebook (online)
North Dakota § 61-08-14, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/61-08-14.