North Dakota § 40-57-04.1 - Notice to competitors - Authority to issue bonds limited if project would
Full text of North Dakota North Dakota Century Code § 40-57-04.1 — Notice to competitors - Authority to issue bonds limited if project would, with citation guidance and answers to common questions.
§ 40-57-04.1. Notice to competitors - Authority to issue bonds limited if project would
compete with existing enterprises. Prior to approval of the issuance of any bonds under authority of this chapter, except refunding bonds issued pursuant to section 40-57-19.1, the governing body of the municipality shall, when a competitive project is involved, include notice of the competitive nature of the proposed project in the public notice required to be published prior to the public hearing required under section 40-57-04. The governing body shall not approve the bond issue unless it appears that the impact and effect of the issue upon existing industry and business will not result in an unfair advantage for the proposed project to the substantial detriment of existing enterprises.
Source: official North Dakota text · Last verified 2026-08-27
Frequently Asked Questions About North Dakota § 40-57-04.1
What does North Dakota Century Code § 40-57-04.1 cover?
Section 40-57-04.1 ("Notice to competitors - Authority to issue bonds limited if project would") 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 § 40-57-04.1?
A common citation format is "North Dakota Century Code § 40-57-04.1" (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 § 40-57-04.1 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.