North Dakota Code 61-35-31 – Refunding bonds authorized by resolution – Adoption – Taking effect
Current as of: 2023 | Check for updates
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Refunding bonds must be authorized by resolution of the board. The resolution may be adopted at a regular or special meeting, including the meeting at which it is introduced, by the affirmative vote of a majority of the members of the board, and takes effect immediately upon adoption. Other proceedings or procedure are not required for the issuance of refunding bonds by the district.