Western area water supply authority - Bank of North Dakota loan - Transfer
N.D. Cent. Code § 61-40-14
in effect61-40-14. Western area water supply authority - Bank of North Dakota loan - Transfer
The Bank of North Dakota shall transfer the outstanding principal balance of the
consolidation loan authorized in section 9 of chapter 19 of the 2017 Session Laws to the
infrastructure revolving loan fund, on August 1, 2023. Any accrued and unpaid interest of the
consolidation loan authorized in section 9 of chapter 19 of the 2017 Session Laws must be
consolidated with the principal balance of the loan transferred to the infrastructure revolving loan
fund. The loan must have an interest rate of two percent and a final maturity date not to extend
beyond July 1, 2053.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t61c40.pdf#nameddest=61-40-14Fetched: 10/16/2026