§ 21-03-01 Definitions
§ 21-03-02 Provisions not applicable to certain issues
§ 21-03-03 Irregularities do not vitiate bonds
§ 21-03-04 Grant of power to borrow – General limitations of indebtedness
§ 21-03-05 Limitation applicable to independent municipal indebtedness
§ 21-03-06 Purposes and specific limitations of bond issues
§ 21-03-06.1 School district voter approval of building authority or other indirect funding methods – Building construction project approval
§ 21-03-07 Election required – Exceptions
§ 21-03-08 Maximum interest rate, maturity, and denominations
§ 21-03-09 Initial resolution – Form
§ 21-03-10 Initial resolution – How adopted
§ 21-03-10.1 School districts – Use of bond funds
§ 21-03-11 Elections – When and how called and held
§ 21-03-12 Notice of election to be given
§ 21-03-13 Ballot – Contents
§ 21-03-14 Bonds issued without an election
§ 21-03-15 Direct, annual, irrepealable tax
§ 21-03-16 Authority to borrow and issue bonds – When complete
§ 21-03-17 Record of proceedings
§ 21-03-18 Form and contents of bonds
§ 21-03-19 Bonds – Terms
§ 21-03-20 Interest – Ceases at maturity unless presented for payment
§ 21-03-21 Execution of bonds
§ 21-03-23 Bond record
§ 21-03-24 Destruction of bonds not sold within three years
§ 21-03-25 Bonds – Advertised for bids – Exception
§ 21-03-26 Bonds – Call for bids – How advertised
§ 21-03-27 Bids – Where received – Record
§ 21-03-27.1 Sealed bids
§ 21-03-28 Bids – Accompanied by draft – Sale to best bidder – Rejection of all bids
§ 21-03-29 Unlawful for official to accept compensation from bidder
§ 21-03-30 Municipal bonds – Private sale to United States or state agencies
§ 21-03-34 Registration of ownership of bonds – How made
§ 21-03-35 Effect of registration – Discharge therefrom
§ 21-03-36 Money borrowed or payable to be lawful money of United States
§ 21-03-37 Appointment of fiscal agents
§ 21-03-38 Bond proceeds – Kept in separate fund – Protection of purchaser
§ 21-03-38.1 Disposal of bond proceeds
§ 21-03-39 Ancillary contract authorized
§ 21-03-40 Sinking funds – Custodian
§ 21-03-41 Sinking funds – Duty of county treasurer
§ 21-03-42 Sinking fund – Sources and uses
§ 21-03-43 Investment of sinking funds
§ 21-03-44 Sinking fund – Use for unauthorized purpose
§ 21-03-45 Sinking fund – Surplus placed in general fund
§ 21-03-46 Municipalities in more than one county
§ 21-03-47 Limitation of action

Terms Used In North Dakota Code > Chapter 21-03 - Bonds

  • 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.
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • 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
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • 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
  • Fraud: Intentional deception resulting in injury to another.
  • 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
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • 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.
  • Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
  • population: means the number of inhabitants as determined by the last preceding state or federal census. See North Dakota Code 1-01-47
  • Property: includes property, real and personal. See North Dakota Code 1-01-49
  • qualified elector: means a citizen of the United States who is eighteen years of age or older; and is a resident of this state and of the area affected by the petition. See North Dakota Code 1-01-51
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • 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
  • United States: includes the District of Columbia and the territories. See North Dakota Code 1-01-49
  • Verified: means sworn to before an officer authorized to administer oaths. See North Dakota Code 1-01-42
  • week: means seven consecutive days and the word "month" a calendar month. See North Dakota Code 1-01-33
  • written: include "typewriting" and "typewritten" and "printing" and "printed" except in the case of signatures and when the words are used by way of contrast to typewriting and printing. See North Dakota Code 1-01-37
  • year: means twelve consecutive months. See North Dakota Code 1-01-33