North Dakota § 23-11-13 - Rentals - How fixed by authority
Full text of North Dakota North Dakota Century Code § 23-11-13 — Rentals - How fixed by authority, with citation guidance and answers to common questions.
§ 23-11-13. Rentals - How fixed by authority
An authority shall fix the rentals for dwelling in its projects at no higher rates than it finds to be necessary in order to produce revenues which, together with all other available moneys, revenues, income, and receipts of the authority from whatever source derived will be sufficient to: 1. Pay, as the same become due, the principal and interest on the bonds of the authority; 2. Meet the cost of, and provide for maintaining and operating, the projects of the authority, including the cost of any insurance thereon, and the administrative expenses of the authority; and 3. Create, during not less than the six years immediately succeeding its issuance of any bonds, a reserve sufficient to meet the largest principal and interest payments which will be due on such bonds in any one year thereafter, and to maintain such reserve.
Source: official North Dakota text · Last verified 2026-08-27
Frequently Asked Questions About North Dakota § 23-11-13
What does North Dakota Century Code § 23-11-13 cover?
Section 23-11-13 ("Rentals - How fixed by authority") is part of the North Dakota Century Code, the codified statutory law of North Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite North Dakota § 23-11-13?
A common citation format is "North Dakota Century Code § 23-11-13" (North Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of North Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Dakota official source linked on this page or consult a licensed North Dakota attorney.
How does North Dakota § 23-11-13 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in North Dakota.