Legislative intent

N.D. Cent. Code § 32-12.1-01
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
32-12.1-01. Legislative intent This chapter creates additional powers and optional and alternative methods for the single and specific purpose of enabling political subdivisions to pay and to compromise claims and judgments, to issue bonds to fund and satisfy the same, to levy taxes in amounts necessary for such purposes without respect to limitations otherwise existing, and to compromise judgments and make periodic payments on such compromised amount.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t32c12-1.pdf#nameddest=32-12p1-01Fetched: 10/16/2026

Starting a business in North Dakota? North Dakota LLC guide: costs and requirements