North Dakota Statutes

§ 61-08-22 — Bonds may be secured by trust indenture - Powers vested in trustee

North Dakota § 61-08-22
JurisdictionNorth Dakota
Title 61Waters
Ch. 61-08Fiscal Affairs of Irrigation Districts

This text of North Dakota § 61-08-22 (Bonds may be secured by trust indenture - Powers vested in trustee) 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 § 61-08-22 (2026).

Text

In the discretion of the board, bonds may be secured by a trust indenture by and between the district and a corporate trustee, which may be any trust company or bank having the powers of a trust company within or outside this state. The board may vest in the trustee the right to enforce any covenant made to secure or to pay the bonds.

Free access — add to your briefcase to read the full text and ask questions with AI

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
North Dakota § 61-08-22, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/61-08-22.