Series of bonds may be secured by trust indenture
N.D. Cent. Code § 61-02-59
in effect61-02-59. Series of bonds may be secured by trust indenture
In the discretion of the commission, any series of bonds may be secured by a trust
indenture by and between the commission and a corporate trustee, which may be any trust
company or bank having the powers of a trust company within or outside of the state.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t61c02.pdf#nameddest=61-02-59Fetched: 10/16/2026
