Title 15 — Education
120 chapters · 633 sections in this title.
N.D.C.C. § 15-55-02 Board may borrow money and issue bonds - Conditions - Bonds tax free
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For the purpose of paying all or part of, but not to exceed, the cost of construction, equipment, and furnishing of any such buildings or any addition to existing buildings, or other campus improvements, or in order to refund any outstanding bonds or interim financing issued for …
N.D.C.C. § 15-55-02.1 Refunding bonds
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Bonds may be refunded, but no bonds may be refunded under this chapter unless the bonds either mature or are callable for prior redemption under their terms within thirty years from the date of issuance of the refunding bonds, or unless the holder or holders of the bonds voluntar…
N.D.C.C. § 15-55-04 Board may enter into contract with federal agencies
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The board may enter into any agreements or contracts with the United States of America or any agency or instrumentality thereof which it may consider advisable or necessary in order to obtain a grant of funds or other aid to be used in connection with the proceeds of the bonds in…
N.D.C.C. § 15-55-04.1 Lease of revenue-producing buildings
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The state board of higher education may, at such times as it deems necessary, enter into agreements with other persons, including any federal or state agency, for the lease of revenue-producing buildings, constructed or purchased under the provisions of this chapter, upon such te…
N.D.C.C. § 15-55-05.1 Interim financing
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The board may provide for interim financing pending completion of revenue-producing projects at state institutions of higher learning and financing the cost thereof and may authorize the issuance and sale of special interim warrants for that essential governmental purpose, such w…
N.D.C.C. § 15-55-08 Who may invest in bonds
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Any bank or trust company organized under the laws of this state may invest its capital and surplus in bonds issued under this chapter. Any state board, bureau, institution, or industry having the power to invest public funds or the funds of such board, bureau, institution, or in…
N.D.C.C. § 15-55-09 Construction of chapter not to permit obligating of state
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Nothing in this chapter may be construed to authorize or permit the state board of higher education, or any officer or agency of the state, to create any state debts, or to incur any obligations of any kind or nature, except as are payable solely and only from the special funds t…
N.D.C.C. § 15-55-11 Issuance and sale of tax-exempt bonds authorized - Amount
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Omitted.
N.D.C.C. § 15-55-12 Bonds not a general obligation of state or its institutions
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Omitted.
N.D.C.C. § 15-55-13 Additional revenue-producing buildings authorized
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Omitted. 15-55-14. Rental income from unencumbered revenue-producing buildings or other campus improvements may be applied to bond retirement. The state board of higher education, when issuing bonds under the provisions of this chapter and the powers herein granted, has additiona…
N.D.C.C. § 15-55-15 Bond issues - Amounts and purposes (1955)
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Omitted.
N.D.C.C. § 15-55-16 Bond issues - Amounts and purposes (1957)
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Omitted.
N.D.C.C. § 15-55-17 Bond issues - Amounts and purposes (1959)
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Omitted. 15-55-18. School district retirement of bonds for junior colleges and off-campus educational centers. Repealed by S.L. 1999, ch. 154, § 2.
N.D.C.C. § 15-55-19 Powers and procedure
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Repealed by S.L. 1999, ch. 154, § 2.
N.D.C.C. § 15-55-20 Financial records required
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Each institution under the control of the state board of higher education which has constructed student housing, a food service facility, or a student union under the provisions of this chapter shall maintain records of financial accounts to provide a record of revenues received …
N.D.C.C. § 15-55-21 Expenses to be paid from gross revenues
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Repealed by S.L. 1987, ch. 3, § 17.