North Dakota § 61-08-35 Procedure used in issuing refunding bonds

North Dakota Statutes

§ 61-08-35 — Procedure used in issuing refunding bonds

North Dakota § 61-08-35

Title 61Waters

Ch. 61-08Fiscal Affairs of Irrigation Districts

This text of North Dakota § 61-08-35 (Procedure used in issuing refunding bonds) 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 § 61-08-35 (2026).

Text

When in the judgment of the board of directors of an irrigation district it is in the best
interests of the irrigation district to issue its bonds for the purpose of refunding or paying
outstanding indebtedness as provided in section 61-08-34, refunding bonds may be issued
pursuant to resolutions duly passed at a regular or special meeting of the board of directors.
The refunding bonds may be sold at public or private sale and must be signed in the same
manner as the bonds to be refunded or by the officers of the irrigation district as may be
designated in the resolutions providing for their issuance.

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When in the judgment of the board of directors of an irrigation district it is in the best
interests of the irrigation district to issue its bonds for the purpose of refunding or paying
outstanding indebtedness as provided in section 61-08-34, refunding bonds may be issued
pursuant to resolutions duly passed at a regular or special meeting of the board of directors.
The refunding bonds may be sold at public or private sale and must be signed in the same
manner as the bonds to be refunded or by the officers of the irrigation district as may be
designated in the resolutions providing for their issuance.