N.D.C.C. § 57-47-04 — Funding for loan repayment - Limitation

Upon the issuance of the evidence of indebtedness, the board of county commissioners
may provide funding from revenues derived from its general fund levy authority to repay a loan
under this chapter and under the terms established with the lender . County revenue from any
other source that is not dedicated or obligated may be used to repay, or serve as collateral for, a
loan under this chapter. If a county has issued evidence of indebtedness for acquisition of road
machinery or equipment, the board of county commissioners may authorize use of funds
derived from the county levy under section 24 -05-01 to repay the loan, in addition to any other
funding for loan repayment available to the county.