N.D. Cent. Code § 40-27-03

Current through 2023 Legislative Sessions
Section 40-27-03 - Funding bonds to mature serially - When installments fall due

Bonds issued for the purchase of special assessment warrants shall mature serially. The first installment shall fall due not more than three years from the date of issuance of the bonds, and the last installment shall fall due not more than twenty years from the date of the bonds.

N.D.C.C. § 40-27-03