N.D. Cent. Code § 11-30-21
This is the official text of N.D. Cent. Code § 11-30-21, 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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11-30-21. Liability of disorganized county on existing obligations - Municipal organizations - Issuance of bonds - Compromises
Official statutory text
11-30-21. Liability of disorganized county on existing obligations - Municipal
organizations - Issuance of bonds - Compromises.
The disorganization of a county shall not affect its liability upon contracts or otherwise and
shall not affect the organization of school districts, townships, and municipalities within the
territory contained in the disorganized county. The board of county commissioners of the
adjoining county to which the disorganized county is attached for judicial, record, and taxation
purposes may compromise debts and obligations of the disorganized county existing at the time
of the disorganization and may issue bonds or certificates of indebtedness in settlement or
compromise of, or to refund, such debts and obligations. Bonds or certificates issued under the
provisions of this section shall bear upon their face a statement that the principal and interest to
become due thereon shall be paid only from taxes levied upon the property within the
disorganized county.
organizations - Issuance of bonds - Compromises.
The disorganization of a county shall not affect its liability upon contracts or otherwise and
shall not affect the organization of school districts, townships, and municipalities within the
territory contained in the disorganized county. The board of county commissioners of the
adjoining county to which the disorganized county is attached for judicial, record, and taxation
purposes may compromise debts and obligations of the disorganized county existing at the time
of the disorganization and may issue bonds or certificates of indebtedness in settlement or
compromise of, or to refund, such debts and obligations. Bonds or certificates issued under the
provisions of this section shall bear upon their face a statement that the principal and interest to
become due thereon shall be paid only from taxes levied upon the property within the
disorganized county.
Status: in_force · Read it on the official government site
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