15 chapters · 155 sections in this title.
N.D.C.C. § 21-02-01 Definitions
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In this chapter unless the context or subject matter otherwise requires: 1. "Political subdivision" means a local governmental unit created by statute or by the Constitution of North Dakota for local governmental or other public purposes. 2. "Revenues" means any of the following:…
N.D.C.C. § 21-02-02 Certificates of indebtedness - By whom issued - Term - Interest - General obligation
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Political subdivisions may borrow against revenues through the issuance of certificates of indebtedness. A certificate of indebtedness consists of an agreement on the part of a political subdivision to pay a stated sum on or before a specified date, together with interest thereon…
N.D.C.C. § 21-02-03 Certificate of county auditor
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A tax is deemed to have been levied when it has been voted by the tax levying board and certified to the county auditor. Each certificate of indebtedness issued wholly or in part against revenues that consist of levied and uncollected taxes must bear the certificate of the county…
N.D.C.C. § 21-02-05 Record of certificates of indebtedness issued against levied and uncollected taxes
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The county auditor shall keep a record in which must be entered, as to each certificate of indebtedness issued by a political subdivision and certified to by the county auditor as provided in section 21-02-03, the same information as required for the recording of bonds in section…