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North Dakota Debt Limit Initiative (1918)
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The North Dakota Debt Limit Initiative, also known as Amendment to Section 182, was on the November , 5 1918 ballot in North Dakota as an initiated constitutional amendment, where it was approved.[1] The measure allowed the state to issue or guarantee bonds as long as all bonds in excess of two million dollars are secured by mortgages. It also established a voting requirement for bond issues for all future state debt.[2]
Election results
| North Dakota Initiative (1918) | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 Yes | 46,275 | 57.48% | ||
| No | 34,235 | 42.52% | ||
Election results via: Legislative Manual, Official vote of North Dakota, 1918
Text of measure
The amended constitutional language can be read here.
See also
- North Dakota 1918 ballot measures
- 1918 ballot measures
- List of North Dakota ballot measures
- History of Initiative & Referendum in North Dakota
External links
Footnotes
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State of North Dakota Bismarck (capital) |
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