North Dakota Code 40-33-28 – Municipal transportation system – Bond limitations
Current as of: 2023 | Check for updates
|
Other versions
All general obligation bonds issued pursuant to sections 40-33-26 through 40-33-29 shall be subject to all the restrictions, qualifications, and limitations of chapter 21-03, as well as all constitutional limitations upon indebtedness, and all revenue bonds issued pursuant to section 40-33-26 through 40-33-29, together with all revenues of the transportation system, shall be subject to all the limitations, qualifications, and restrictions of chapter 40-35.
Terms Used In North Dakota Code 40-33-28
- 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.