Statutes, codes, and regulations
North Dakota Century Code
Title 61 - WATERS
Chapter 61-02 - WATER COMMISSION
Section 61-02-59 - Series of bonds may be secured by trust indenture

N.D. Cent. Code § 61-02-59

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Current through the 2023 Legislative Sessions
Section 61-02-59 - Series of bonds may be secured by trust indenture

In the discretion of the commission, any series of bonds may be secured by a trust indenture by and between the commission and a corporate trustee, which may be any trust company or bank having the powers of a trust company within or outside of the state.

N.D.C.C. § 61-02-59