N.D. Cent. Code § 48-02.1-02

Current through the 2023 Legislative Sessions

Section 48-02.1-02 - Private operators

Notwithstanding any other provision of law, private operators may construct, improve, rehabilitate, own, lease, manage, and operate fee-based facilities subject to the terms of this chapter. Private operators may mortgage, grant security interests in, and pledge their interests in, for a period not to exceed the length of the development agreement:

1. Fee-based facilities and their components;

2. Development, leases and concessions, and other related agreements; and

3. Income, profits, and proceeds of the fee-based facility.

N.D.C.C. § 48-02.1-02