Issuance of revenue bonds
N.D. Cent. Code § 61-08-41
in effect61-08-41. Issuance of revenue bonds
The acquisition, construction, reconstruction, improvement, betterment, or extension of any
revenue-producing facility, and the issuance of revenue bonds in anticipation of the collection of
the revenues of the facility, may be authorized by resolution adopted by the affirmative vote of a
majority of the board of directors. The amount of the bonds authorized may not exceed the
amount authorized by the electors of the district as provided in this chapter.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t61c08.pdf#nameddest=61-08-41Fetched: 10/16/2026