North Dakota Statutes
§ 61-08-39 — Assessments - Proceeds - Levy
All assessments made by an irrigation district for the payment of the bonds or improvement
warrants to be refunded must inure to the benefit of the holders of the refunding bonds and the
proceeds of the assessments must be utilized for the purpose of paying the interest and
principal of the refunding bonds, and the board of directors of the irrigation district shall levy an
assessment against the lands of the district, as provided by law for levying assessments,
sufficient to pay the interest on the refunding bonds and to create a sinking fund to retire the
refunding bonds at maturity.
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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 - Penalty