The holder of any bond payable to “bearer or registered owner”, as authorized by section 21-03-18, issued by any municipality, may have the ownership thereof registered as to the principal thereof by the county auditor, or in the case of a municipality of over four thousand population, by the auditor or secretary of the municipality issuing the same, or such other officer    as the governing body of the municipality may determine. Registration by such officers must be made in the bond register and must be noted on the bond.

Terms Used In North Dakota Code 21-03-34

  • population: means the number of inhabitants as determined by the last preceding state or federal census. See North Dakota Code 1-01-47
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