N.D. Cent. Code § 11-03-16
This is the official text of N.D. Cent. Code § 11-03-16, part of North Dakota’s Cent. Code — part of the compiled statutory law of North Dakota, published by the state as "Cent. Code." Browse the sections below, each linked to its official government source.
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11-03-16. Tax levy by new county for payment of bonds
Official statutory text
11-03-16. Tax levy by new county for payment of bonds
The board of county commissioners of a county issuing bonds under the provisions of this
chapter shall levy and cause to be collected for each year after the date of such bonds a tax
sufficient to pay the interest thereon as it shall become due and also sufficient to establish
sinking funds required under the laws under which the bonds of the original county were issued
and sufficient to redeem the bonds at maturity.
The board of county commissioners of a county issuing bonds under the provisions of this
chapter shall levy and cause to be collected for each year after the date of such bonds a tax
sufficient to pay the interest thereon as it shall become due and also sufficient to establish
sinking funds required under the laws under which the bonds of the original county were issued
and sufficient to redeem the bonds at maturity.
Status: in_force · Read it on the official government site
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