First mortgage bonds are negotiable

N.D. Cent. Code § 40-34-07
in effect
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40-34-07. First mortgage bonds are negotiable All first mortgage bonds issued under the provisions of this chapter may be negotiated in the same manner and with the same legal effect as negotiable instruments under title 41.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t40c34.pdf#nameddest=40-34-07Fetched: 10/16/2026

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