N.D. Cent. Code § 6-09.4-08
This is the official text of N.D. Cent. Code § 6-09.4-08, 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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6-09.4-08. Bonds of the public finance authority
Official statutory text
6-09.4-08. Bonds of the public finance authority
Bonds of the public finance authority must be authorized by resolution of the industrial
commission and may be issued in one or more series and must bear such date or dates, mature
at such time or times, bear interest at such rate or rates of interest per year, be in such
denomination or denominations, be in such form, either coupon or registered, carry such
conversion or registration privileges, have such rank or priority, be executed in such manner, be
payable from such sources in such medium of payment at such place or places within or without
the state, and be subject to such terms of redemption, with or without premium, as such
resolution or resolutions may provide. Bonds of the public finance authority, issued to provide
funds to a municipal pipeline authority, are to mature not more than thirty years from the date of
issue. Bonds of the public finance authority may be sold at public or private sale at such time or
times and at such price or prices as the public finance authority determines.
Bonds of the public finance authority must be authorized by resolution of the industrial
commission and may be issued in one or more series and must bear such date or dates, mature
at such time or times, bear interest at such rate or rates of interest per year, be in such
denomination or denominations, be in such form, either coupon or registered, carry such
conversion or registration privileges, have such rank or priority, be executed in such manner, be
payable from such sources in such medium of payment at such place or places within or without
the state, and be subject to such terms of redemption, with or without premium, as such
resolution or resolutions may provide. Bonds of the public finance authority, issued to provide
funds to a municipal pipeline authority, are to mature not more than thirty years from the date of
issue. Bonds of the public finance authority may be sold at public or private sale at such time or
times and at such price or prices as the public finance authority determines.
Status: in_force · Read it on the official government site
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