North Dakota § 11-03-13 - Issuance of bonds - Classification - Exchange by original county
Full text of North Dakota North Dakota Century Code § 11-03-13 — Issuance of bonds - Classification - Exchange by original county, with citation guidance and answers to common questions.
§ 11-03-13. Issuance of bonds - Classification - Exchange by original county
The bonds of the new county shall be: 1. Dated as of the first day of the January or July from which the outstanding indebtedness of the original county is calculated as provided in section 11-03-11. 2. Issued for a period corresponding with the time or term on which the obligations of the original county become due and payable. 3. Payable at the same place and bear the same rate of interest as the obligations of the original county. The board of county commissioners shall classify the liquidating bonds and issue a portion of each class in proportion to each class of obligations of the original county bearing different rates of interest and places of payment. The original county shall have authority to exchange such bonds for an equal amount of obligations of its own of the same class.
Source: official North Dakota text · Last verified 2026-08-27
Frequently Asked Questions About North Dakota § 11-03-13
What does North Dakota Century Code § 11-03-13 cover?
Section 11-03-13 ("Issuance of bonds - Classification - Exchange by original county") 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 § 11-03-13?
A common citation format is "North Dakota Century Code § 11-03-13" (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 § 11-03-13 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.