Before a reorganization is effective, the board of a reorganized school district established under this chapter may proceed in accordance with chapter 21-03 to issue bonds for purposes specified in that chapter if the bond issuance is provided for by the approved reorganization plan.
School district reorganization - Issuance of bonds - Procedure
N.D.C.C. § 15.1-12-16 — under Annexation, Reorganization, and Dissolution.
N.D.C.C. § 15.1-12-16