N.D. Cent. Code § 21-13-04: Delinquent loans
Where this section sits in the code
- Title 21 Governmental Finance
- Chapter 21-13 Political Subdivision Borrowing
If designated revenues are not sufficient to pay a loan balance, in addition to the designated revenues, the political subdivision may set aside up to ten percent of the amount of the collections from current tax revenues to pay to the lending bank or credit union on a monthly basis until the delinquent loans have been paid in full.
Collected 2026-09-02T21:04:14Z. Source file · JSON