Skip to main content

North Dakota Century Code Title 61. Waters § 61-04.1-35. Bid bond, cash, or negotiable securities required

Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.

All bids submitted to the board for operations conducted under this chapter shall be accompanied by a separate envelope containing a bidder's bond or cash or negotiable securities in a sum equal to five percent of the full amount of the bid, executed by the bidder as principal or by a surety company authorized to do business in this state as a guarantee that the bidder will enter into the contract if it is awarded to the bidder.

Cite this article: FindLaw.com - North Dakota Century Code Title 61. Waters § 61-04.1-35. Bid bond, cash, or negotiable securities required - last updated January 01, 2020 | https://codes.findlaw.com/nd/title-61-waters/nd-cent-code-sect-61-04-1-35.html


FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

Was this helpful?

Thank you. Your response has been sent.

Copied to clipboard