Remedies on default of municipal securities
N.D. Cent. Code § 6-09.4-19
in effect6-09.4-19. Remedies on default of municipal securities
In the event of default by a political subdivision in the payment of interest on or principal of
any municipal securities owned or held by the public finance authority, the public finance
authority may proceed to enforce payment, pursuant to applicable provisions of law, of such
interest or principal or other amount then due and payable.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t06c09-4.pdf#nameddest=6-09p4-19Fetched: 10/16/2026
