Tax collected for payment of bonds must be used for that purpose - Use of surplus

N.D. Cent. Code § 11-03-17
in effect
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11-03-17. Tax collected for payment of bonds must be used for that purpose - Use of surplus. The money collected for the payment of the interest or principal of the bonds issued under the provisions of this chapter shall not be used for any other purpose until the bonds are redeemed. Any surplus shall be placed in the county general fund.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t11c03.pdf#nameddest=11-03-17Fetched: 10/16/2026

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