GroundRules
← Search the law
North Dakota · Through 2026-07-31T11:12:02 · Newer source version available

N.D. Cent. Code § 40-34-08: Tax levy to pay deficiency when bonds become due

Read at publisher ↗
Where this section sits in the code
  1. Title 40 Municipal Government
  2. Chapter 40-34 Sewage And Garbage Disposal

If the last maturing bonds secured by a first mortgage or deed of trust on an improvement, as provided in this chapter, are not paid when they become due, and if a deficiency remains, the governing body of the municipality, or the respective governing bodies of the municipalities, shall levy a tax upon all of the taxable property within the limits of the municipality or municipalities for the payment of such deficiency.

Collected 2026-09-02T21:04:14Z. Source file · JSON

Browse this collection