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Fiscal Affairs of Irrigation Districts (North Dakota Century Code: Title 61 Waters; Chapter 61-08)

Country/Territory
United States of America
Territorial subdivision
North Dakota
Document type
Legislation
Date
2017
Source
FAO, FAOLEX
Subject
Water
Keyword
Irrigation Procedural matters Governance Local government Financing
Geographical area
Americas, Arctic, East Pacific, North America, North Atlantic
Abstract

This Chapter of the North Dakota Century Code concerns fiscal affairs of irrigation districts. It provides that proceedings for the issuance of bonds by an irrigation district must be instituted by the adoption of an initial resolution by the board of directors of the district. The initial resolution must state: 1. The maximum principal amount of bonds proposed to be issued. 2. The purpose for which the bonds are proposed to be issued. 3. The total amount of bonded indebtedness, if any, of the district. 4. Any other statement of fact deemed advisable by the board. The initial resolution may be adopted by a majority of the board at any regular meeting or at any special meeting of which the prescribed notice has been given.

Full text
English
Website
www.legis.nd.gov