Bonds exempt from taxation - Exception
N.D. Cent. Code § 40-35-12
in effect40-35-12. Bonds exempt from taxation - Exception
Bonds issued under the provisions of this chapter and the income therefrom shall be
exempt from any taxes, except inheritance, estate, and transfer taxes.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t40c35.pdf#nameddest=40-35-12Fetched: 10/16/2026
