N.D. Cent. Code § 21-03.1-10
21-03.1-10. Applicability - Determination
21-03.1-10. Applicability - Determination
1. Unless at any time prior to or at original issuance of a registered public obligation the
official or official body of the issuer determines otherwise, this chapter is applicable to
such registered public obligation notwithstanding any provision of law to the contrary.
When this chapter is applicable, no contrary provision applies.
2. Nothing in this chapter limits or prevents the issuance of obligations in any other form
or manner authorized by law.
3. Unless determined otherwise pursuant to subsection 1, the provisions of this chapter
are applicable with respect to obligations which have heretofore been approved by
vote, referendum, or hearing, authorizing or permitting the authorization of obligations
in bearer and registered form, or in bearer form only, and such obligations need not be
resubmitted for a further vote, referendum, or hearing, for the purpose of authorizing or
permitting the authorization of registered public obligations pursuant to this chapter.