North Dakota Century Code Title 61. Waters § 61-02-68.7. Pledge of revenues to secure interim financing notes

All interim financing notes and the interest thereon must be secured by a pledge of, and be payable from, any grant or loan to be made by an agency or instrumentality of the United States government or the state of North Dakota, as specified in section 61-02-68.2, and in connection with such project or works.