North Dakota § 40-61-03.1 - Financing projects and facilities

Full text of North Dakota North Dakota Century Code § 40-61-03.1 — Financing projects and facilities, with citation guidance and answers to common questions.

§ 40-61-03.1. Financing projects and facilities

An authority may provide funds for its purposes by using the following methods or any combination thereof: 1. Issuing bonds of an authority as authorized by section 40-61-08. 2. Issuing notes of an authority as authorized by section 40-61-09. 3. In cooperation with cities whereby cities may agree to assist in financing projects and facilities through the issuance of municipal bonds or other obligations, budgeting of current funds from revenues derived from its general fund levy authority, the levy of special assessments, or by any combination of these means pursuant to or in accordance with the provisions of chapters 21-03, 40-22 to 40-27, 40-35, 40-40, and 40-57 and all other applicable laws now in force or hereafter enacted.

Source: official North Dakota text · Last verified 2026-08-27

Frequently Asked Questions About North Dakota § 40-61-03.1

What does North Dakota Century Code § 40-61-03.1 cover?

Section 40-61-03.1 ("Financing projects and facilities") 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 § 40-61-03.1?

A common citation format is "North Dakota Century Code § 40-61-03.1" (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 § 40-61-03.1 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.