N.D. Cent. Code § 6-09.4-10.1

Current through 2024 Legislative Session
Section 6-09.4-10.1 - Legacy sinking and interest fund - Debt service requirements - Public finance authority

There is created in the state treasury the legacy sinking and interest fund. The fund consists of all moneys deposited in the fund under section 21-10-13. Moneys in the fund may be spent by the public finance authority pursuant to legislative appropriations to meet the debt service requirements for evidences of indebtedness issued by the authority for transfer to the Bank of North Dakota for allocations to infrastructure projects and programs.

N.D.C.C. § 6-09.4-10.1

Amended by S.L. 2023, ch. 98 (HB 1379),§ 1, eff. 7/1/2023.
Added by S.L. 2021 , ch. 188( HB 1380 ), § 1, eff. 8/1/2021.