32-12.1-01. Legislative intent.
64 words·~1 min read·
/nd/title-32/chapter-32-12-1-governmental-liability/32-12-1-01·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
This chapter creates additional powers and optional and alternative methods for the single and specific purpose of enabling political subdivisions to pay and to compromise claims and judgments, to issue bonds to fund and satisfy the same, to levy taxes in amounts necessary for such purposes without respect to limitations otherwise existing, and to compromise judgments and make periodic payments on such compromised amount.