North Dakota Code 40-36-15 – Municipalities may appoint fiscal agent – Make rules and regulations governing
Current as of: 2023 | Check for updates
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Any municipality, in connection with the issuance of refunding bonds, may appoint a fiscal agent, provide for the fiscal agent’s powers, duties, functions, and compensation, limit the fiscal agent’s liabilities, prescribe a method for the fiscal agent’s resignation, removal, merger, or consolidation, and provide for the appointment of a successor and the transfer of rights and properties to such successor fiscal agent.
Terms Used In North Dakota Code 40-36-15
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.