North Dakota § 61-24-22 Resolution authorizing the issuance of revenue bonds

North Dakota Statutes

§ 61-24-22 — Resolution authorizing the issuance of revenue bonds

North Dakota § 61-24-22

Title 61Waters

Ch. 61-24Garrison Diversion Conservancy District

This text of North Dakota § 61-24-22 (Resolution authorizing the issuance of revenue 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 § 61-24-22 (2026).

Text

1.The issuance of revenue bonds or refunding bonds must be authorized by a resolution of the board adopted after appropriate notice by the affirmative vote of a majority of the board. Unless otherwise provided in the resolution, the resolution under this section takes effect immediately and need not be laid over, published, or posted.

2.Each resolution providing for the issuance of bonds provided for in this chapter must contain the purposes for which the bonds are to be issued, the provisions for payment of the bonds, and the revenues or other funds pledged to secure the payment of the bonds.

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1. The issuance of revenue bonds or refunding bonds must be authorized by a resolution
of the board adopted after appropriate notice by the affirmative vote of a majority of the
board. Unless otherwise provided in the resolution, the resolution under this section
takes effect immediately and need not be laid over, published, or posted.
2. Each resolution providing for the issuance of bonds provided for in this chapter must
contain the purposes for which the bonds are to be issued, the provisions for payment
of the bonds, and the revenues or other funds pledged to secure the payment of the
bonds.