North Dakota Century Code Title 21. Governmental Finance § 21-13-04. Delinquent loans
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If designated revenues are not sufficient to pay a loan balance, in addition to the designated revenues, the political subdivision may set aside up to ten percent of the amount of the collections from current tax revenues to pay to the lending bank or credit union on a monthly basis until the delinquent loans have been paid in full.
Cite this article: FindLaw.com - North Dakota Century Code Title 21. Governmental Finance § 21-13-04. Delinquent loans - last updated January 01, 2020 | https://codes.findlaw.com/nd/title-21-governmental-finance/nd-cent-code-sect-21-13-04.html
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