§ 54-30-01 Authority for issuing bonds of North Dakota, real estate series – Purpose of issue
§ 54-30-02 Assignment of first mortgages by Bank of North Dakota to state as security for bonds
§ 54-30-03 State treasurer to inspect assignment and prepare bonds – Governor and treasurer to issue bonds
§ 54-30-04 Bonds – Series designation – Terms – Execution
§ 54-30-05 Denominations – Maturity – Interest rate
§ 54-30-07 Bonds – Where payable – Presentment for payment
§ 54-30-08 Bonds delivered to industrial commission
§ 54-30-09 Sale and delivery of bonds by industrial commission
§ 54-30-10 Credit of state of North Dakota pledged for payment of bonds
§ 54-30-11 Payment of assigned mortgage
§ 54-30-12 Bank of North Dakota to furnish state treasurer with record of payments and balance due on all mortgages
§ 54-30-14 Money paid on assigned mortgage held in separate fund by Bank of North Dakota
§ 54-30-15 Investment of bond sinking fund
§ 54-30-16 Payment of interest or principal on bonds at maturity – Where made – Report – Made from real estate bond payment fund – Appropriation
§ 54-30-17 Bank of North Dakota to collect obligations secured by mortgage
§ 54-30-17.1 Land acquired by state treasurer – Sale or lease by the Bank of North Dakota or board of university and school lands – Deposit of net proceeds in bond sinking fund
§ 54-30-20 Transfer of land covered by mortgage to state by mortgagor
§ 54-30-24.1 Bonds as legal investments and security
§ 54-30-25 Bonds and certificates of indebtedness exempt from taxation
§ 54-30-26 Industrial commission to make annual statement of condition of funds – Tax for deficiency in funds or indicated deficiency
§ 54-30-27 Certificate of indebtedness issued to meet interest due on bonds
§ 54-30-28 Amount of bonds which may be issued
§ 54-30-29 Real estate bond funds
§ 54-30-32 Management of the trust
§ 54-30-33 Remittances to the state general fund

Terms Used In North Dakota Code > Chapter 54-30 - Bonds of North Dakota, Real Estate Series

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • following: when used by way of reference to a chapter or other part of a statute means the next preceding or next following chapter or other part. See North Dakota Code 1-01-49
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • seal: includes an impression of such seal upon the paper alone as well as upon wax or a wafer affixed thereto. See North Dakota Code 1-01-38
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49
  • Trustee: A person or institution holding and administering property in trust.
  • Verified: means sworn to before an officer authorized to administer oaths. See North Dakota Code 1-01-42
  • year: means twelve consecutive months. See North Dakota Code 1-01-33