N.D. Cent. Code § 40-34-08: Tax levy to pay deficiency when bonds become due
Where this section sits in the code
- Title 40 Municipal Government
- 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