North Dakota Code § 40-34-04

Bonds may be issued by municipality - Term of bonds - Determining
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conditions.
Any municipality through its governing body, or any municipalities jointly through their 
governing bodies, may issue and sell the necessary bonds for the construction and installation 
of any improvement described in this chapter, including the disposal plant and such intercepting 
and other sewers as may be necessary to permit the effective operation of such system, and for 
the purchase of such real and personal property as may be necessary for use in connection with 
such system. Such bonds shall be payable in not more than thirty years from the date of 
issuance. The governing body or the respective governing bodies shall determine the 
denomination, the date, time, and manner of payment of such bonds.

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