N.D. Cent. Code § 32-12.1-01

Current through the 2023 Legislative Sessions

Section 32-12.1-01 - Legislative intent

This chapter creates additional powers and optional and alternative methods for the single and specific purpose of enabling political subdivisions to pay and to compromise claims and judgments, to issue bonds to fund and satisfy the same, to levy taxes in amounts necessary for such purposes without respect to limitations otherwise existing, and to compromise judgments and make periodic payments on such compromised amount.

N.D.C.C. § 32-12.1-01