N.D. Cent. Code § 40-27-04

40-27-04. Bonds to be general obligations of municipality

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Year: 2026Length: 43 wordsOfficial source

40-27-04. Bonds to be general obligations of municipality Bonds issued pursuant to section 40-27-01 shall be the general obligations of the issuing municipality, and the full faith and credit and the unlimited taxing power of such municipality shall be pledged to their payment.