North Dakota Constitution - artx:sec13
https://ndconst.org/
2026-05-02T16:11:31+00:00North Dakota Constitution
https://ndconst.org/
https://ndconst.org/_media/wiki/logo.pngtext/html2019-02-11T20:33:02+00:00Anonymous (anonymous@undisclosed.example.com)start
https://ndconst.org/artx/sec13/start?rev=1549917182&do=diff
Section 13. The state may issue or guarantee the payment of bonds, provided that all
bonds in excess of two million dollars shall be secured by first mortgage upon real estate in
amounts not to exceed sixty-five percent of its value; or upon real and personal property of
state-owned utilities, enterprises, or industries, in amounts not exceeding its value, and
provided further, that the state shall not issue or guarantee bonds upon property of
state-owned utilities, …