57 chapters · 954 sections in this title.
N.D.C.C. § 61-02-68.1 Borrowing on interim notes - Expenses paid and loans made from proceeds - Issuance of notes
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The commission, pursuant to appropriate resolution, and in order to carry out the business of developing the water resources of this state as provided in this chapter, may borrow money and issue interim financing notes (the terms "interim notes" or "notes", unless the context oth…
N.D.C.C. § 61-02-68.10 Execution and attestation of interim financing notes - Sale
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The interim financing notes must be executed by the chairman or the vice chairman of the commission and attested by the signature of the director of the department of water resources. The signature of the chairman or vice chairman, and the director, and any other signatures on ap…
N.D.C.C. § 61-02-68.11 Bond provisions applicable to interim financing notes
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The provisions of sections 61-02-49, 61-02-59, 61-02-60, 61-02-61, 61-02-62, and 61-02-65, relating to bonds also apply to notes issued pursuant to section 61-02-68.1.
N.D.C.C. § 61-02-68.12 Interim financing notes or guarantees not a state obligation - Payment restricted to revenues - Notes or guarantees not a lien
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Interim financing notes issued by the commission under this chapter or guarantees provided under section 61-02-68.14, 61-02-68.15, 61-02-68.16, 61-02-68.17, 61-02-68.18, or 61-02-68.19 are not a debt or liability of this state and do not constitute a loan of the credit of this st…