N.D. Cent. Code ch. 54-17.2 – North Dakota Building Authority | Midpage

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North Dakota Century Code

Chapter 54-17.2

N.D. Cent. Code ch. 54-17.2

North Dakota Building Authority

54-17.2-01Definitions 54-17.2-02Commission - Evidence of indebtedness issuance 54-17.2-02.1Evidences of indebtedness conditions - Continued authority 54-17.2-02.2Continuing appropriation 54-17.2-03Powers 54-17.2-04Purpose of commission 54-17.2-05Transfer of state property to commission - Services by state agencies 54-17.2-05.1Lease of state property to commission - Leaseback to state 54-17.2-06Financing agreements with state agencies authorized - Commencement of payments under financing agreements 54-17.2-07Terms, conditions, and payment under financing agreements - Automatic biennial extension provisions 54-17.2-08State's option to purchase - Conveyance on exercise of option 54-17.2-09Insurance and credit enhancements added to payments 54-17.2-10Appropriations and funds from which payments are payable - Commission's power to use or sell facilities for other purposes on nonpayment 54-17.2-11Costs and reserves to be covered by rent and charges or other payments 54-17.2-12Tax exemption of commission's property 54-17.2-13Resolutions for evidences of indebtedness authorized - Maximum amount outstanding - Legislative approval required 54-17.2-14Purposes for which evidences of indebtedness issue - Refunding and refinancing - Pledge of income 54-17.2-15Evidences of indebtedness authorized - Interest rates - Exemption from taxation - Term 54-17.2-16Revenues, appropriations, funds, and income from which evidences of indebtedness payable 54-17.2-17Covenants and contracts with holders of evidences of indebtedness 54-17.2-18Validity of signature by officers 54-17.2-19Restrictions on obligation stated on face of evidences of indebtedness 54-17.2-20Disposition of income - Building authority fund 54-17.2-21Allocation of sales, use, and motor vehicle excise tax revenues to capital construction fund 54-17.2-22Capital construction account 54-17.2-23State building authority lease payments - Limitation