N.D. Cent. Code § 61-35-31

Current through 2023 Legislative Sessions
Section 61-35-31 - Refunding bonds authorized by resolution - Adoption - Taking effect

Refunding bonds must be authorized by resolution of the board. The resolution may be adopted at a regular or special meeting, including the meeting at which it is introduced, by the affirmative vote of a majority of the members of the board, and takes effect immediately upon adoption. Other proceedings or procedure are not required for the issuance of refunding bonds by the district.

N.D.C.C. § 61-35-31