N.D. Cent. Code § 6-09.4-25
This is the official text of N.D. Cent. Code § 6-09.4-25, 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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6-09.4-25. Administrative agreements with state agencies and instrumentalities to issue bonds and other evidences of indebtedness
Official statutory text
6-09.4-25. Administrative agreements with state agencies and instrumentalities to
issue bonds and other evidences of indebtedness.
The public finance authority and any state agency, instrumentality, or officer authorized by
law to issue bonds or other evidences of indebtedness to obtain funds for any authorized
purpose may enter into an administrative agreement. The agreement may delegate to the public
finance authority the power and authority to issue bonds or other evidences of indebtedness on
behalf of the state agency, instrumentality, or officer to obtain funds for any other purpose
authorized by law and may contain such other necessary or expedient terms and conditions as
the industrial commission and the parties to the administrative agreement approve to effect the
issuance of the bonds or other evidences of indebtedness and to aid in the administration or
management of any bond issue after issuance.
issue bonds and other evidences of indebtedness.
The public finance authority and any state agency, instrumentality, or officer authorized by
law to issue bonds or other evidences of indebtedness to obtain funds for any authorized
purpose may enter into an administrative agreement. The agreement may delegate to the public
finance authority the power and authority to issue bonds or other evidences of indebtedness on
behalf of the state agency, instrumentality, or officer to obtain funds for any other purpose
authorized by law and may contain such other necessary or expedient terms and conditions as
the industrial commission and the parties to the administrative agreement approve to effect the
issuance of the bonds or other evidences of indebtedness and to aid in the administration or
management of any bond issue after issuance.
Status: in_force · Read it on the official government site
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