The bonds issued under this chapter must be payable in not more than thirty years from the date of issue. The terms of the bonds as to denominations, period of maturity, and rate of interest must be fixed by the commission.
N.D. Cent. Code § 54-30-05
Denominations - Maturity - Interest rate
Known as the Second Real Estate Bond Act
The act spans §§ 54–54 (36 sections).
Official source: North Dakota Legislative Branch. Reproduced from public-domain North Dakota statutes; confirm against the official source for the current text. Not legal advice.