North Dakota Statutes
§ 61-11-12 — Liquidation of district indebtedness
North Dakota § 61-11-12
This text of North Dakota § 61-11-12 (Liquidation of district indebtedness) 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 § 61-11-12 (2026).
Text
After the sale of the property and franchises of an irrigation district, the board, with the
moneys realized from such sale together with such other funds as such district may have, shall
make settlement, payment, and redemption of all outstanding bonded or other indebtedness of
the district, but in no case shall such board pay more than the par value of outstanding bonds or
warrants, as the case may be, with interest up to the time of payment. If the amount realized
from the sale of such district property, together with other moneys of the district, shall be
insufficient for the payment of all the indebtedness of the district, such district shall not be
dissolved or discontinued until such indebtedness is fully paid, and assessments shall continue
to be made against the lands in the distr
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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 - PenaltyCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 61-11-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/61-11-12.