North Dakota § 23-11-23 - Bonds - Validity when officer who signs bond is no longer in office Deemed issued for housing project
Full text of North Dakota North Dakota Century Code § 23-11-23 — Bonds - Validity when officer who signs bond is no longer in office Deemed issued for housing project, with citation guidance and answers to common questions.
§ 23-11-23. Bonds - Validity when officer who signs bond is no longer in office Deemed issued for housing project
If any of the commissioners or officers of an authority whose signatures appear on any bonds or coupons cease to be a commissioner or officer before the delivery of the bonds, the signatures are valid and sufficient for all purposes the same as if the commissioner or officer had remained in office until the delivery had been completed. Any bonds issued under this chapter must be fully negotiable. In an action, suit, or proceeding involving the validity or enforceability of any bond of an authority or of the security for the bond, the bond must be deemed conclusively to have been issued for a housing project if the bond recites that it has been issued by the authority to aid in financing a housing project to provide dwelling accommodations for persons of low or moderate income. The project is planned, located, and constructed in accordance with this chapter if this statement is contained in the bond.
Source: official North Dakota text · Last verified 2026-08-27
Frequently Asked Questions About North Dakota § 23-11-23
What does North Dakota Century Code § 23-11-23 cover?
Section 23-11-23 ("Bonds - Validity when officer who signs bond is no longer in office Deemed issued for housing project") 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 § 23-11-23?
A common citation format is "North Dakota Century Code § 23-11-23" (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 § 23-11-23 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.