N.D. Cent. Code § 57-15-41

Current through 2024 Legislative Session
Section 57-15-41 - Political subdivision tax levies for payment of special assessments exempt from levy limitations

No tax levy limitations provided by any statute of this state apply to tax levies by any county, city, school district, park district, or township for the purpose of paying any special assessments or paying debt service on bonds issued to prepay special assessments made in accordance with the provisions of title 40, against property owned by such county, city, school district, park district, or township. Any surplus in the special assessment fund after all of the special assessments for which the fund was created have been paid shall be placed in the general fund of the political subdivision.

N.D.C.C. § 57-15-41