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In the event of default by a political subdivision in the payment of interest on or principal of any municipal securities owned or held by the public finance authority, the public finance authority may proceed to enforce payment, pursuant to applicable provisions of law, of such interest or principal or other amount then due and payable.
Cite this article: FindLaw.com - North Dakota Century Code Title 6. Banks and Banking § 6-09.4-19. Remedies on default of municipal securities - last updated January 01, 2020 | https://codes.findlaw.com/nd/title-6-banks-and-banking/nd-cent-code-sect-6-09-4-19/
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