34.01.270 Tribal Bonds; Private Sale to United States or State Agencies

The procedure prescribed in this Bond Code relative to calling for bids upon the sale of Tribal bonds is not required in the case of bonds sold to:

(a) The Bank of North Dakota.

(b) Trust funds administered by public officials.

(c) The United States of America, or any agency or instrumentality thereof.

(d) Pre-negotiated bond vendors for rates approved by the Tribal Council and the issuing entity.