N.D. Cent. Code § 40-43-06

Current through 2023 Legislative Sessions

Section 40-43-06 - Purpose of judgment funding provisions

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.

N.D.C.C. § 40-43-06