This chapter creates additional powers and optional and alternative methods for the single and specific purpose of enabling municipalities to pay and to compromise judgments, to issue bonds to fund and satisfy the same, to levy taxes in amounts necessary for such purposes without respect to limitations otherwise existing, and to scale down such judgments and compromise and fund the same over a period of years.
40-43-07. Political subdivisions authorized to carry liability insurance - Waiver of immunity to extent only of insurance purchased. Repealed by S.L. 1977, ch. 303, § 18.