North Dakota Code 54-30-10 – Credit of state of North Dakota pledged for payment of bonds
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Upon the delivery of bonds purchased and paid for under the provisions of this chapter, the faith and credit of the state of North Dakota is pledged for the payment thereof, both principal and interest, to the lawful holder and owner thereof, upon presentment for payment.
Terms Used In North Dakota Code 54-30-10
- 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