North Dakota Code 6-09.4-12 – Participation by public finance authority in bonds held by Bank of North Dakota
Current as of: 2023 | Check for updates
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The public finance authority may issue its bonds from time to time in an amount sufficient to purchase municipal securities held by the Bank of North Dakota at a price established by mutual agreement between the public finance authority and the Bank of North Dakota.
Terms Used In North Dakota Code 6-09.4-12
- Bank: means any national bank, national banking association, corporation, state bank, state banking association, or savings bank, whether organized under the laws of this state or of the United States, engaged in the business of banking. See North Dakota Code 6-01-02