# N.D. Cent. Code § 40-58-03: 40-58-03. Encouragement of private enterprise

> North Dakota · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_ND_T40_C40-58_S40-58-03

## Section

- **Citation:** N.D. Cent. Code § 40-58-03
- **Heading:** 40-58-03. Encouragement of private enterprise
- **Jurisdiction:** North Dakota
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** ND Code / Title 40 / Chapter 40-58 / Section 40-58-03

## Text

40-58-03. Encouragement of private enterprise

A municipality, to the greatest extent it determines to be feasible in carrying out this chapter,

shall afford maximum opportunity, consistent with the sound needs of the municipality as a

whole, to the development, rehabilitation, or redevelopment of the development or renewal area

by private enterprise. A municipality shall give consideration to this objective in exercising its

powers under this chapter, including the formulation of a workable program, the approval of

development or renewal plans consistent with the general plan for the municipality, the adoption

and enforcement of ordinances as provided for in section 40-58-18, the exercise of its zoning

powers, the enforcement of other laws, codes, and regulations relating to the use of land and

the use and occupancy of buildings and improvements, the disposition of any property acquired,

and the provision of necessary public improvements.

## Nearby sections

- [N.D. Cent. Code § 40-58-01 40-58-01. Short title](https://www.frixlaw.com/law-library/statutes/STATE_ND_T40_C40-58_S40-58-01.md)
- [N.D. Cent. Code § 40-58-01.1 40-58-01.1. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_ND_T40_C40-58_S40-58-01.1.md)
- [N.D. Cent. Code § 40-58-02 40-58-02. Findings and declarations of necessity](https://www.frixlaw.com/law-library/statutes/STATE_ND_T40_C40-58_S40-58-02.md)
- [N.D. Cent. Code § 40-58-03 40-58-03. Encouragement of private enterprise](https://www.frixlaw.com/law-library/statutes/STATE_ND_T40_C40-58_S40-58-03.md)
- [N.D. Cent. Code § 40-58-04 40-58-04. Workable program](https://www.frixlaw.com/law-library/statutes/STATE_ND_T40_C40-58_S40-58-04.md)
- [N.D. Cent. Code § 40-58-05 40-58-05. Finding of necessity by governing body](https://www.frixlaw.com/law-library/statutes/STATE_ND_T40_C40-58_S40-58-05.md)
- [N.D. Cent. Code § 40-58-06 40-58-06. Preparation, adoption, and revision of development or renewal plans](https://www.frixlaw.com/law-library/statutes/STATE_ND_T40_C40-58_S40-58-06.md)
- [N.D. Cent. Code § 40-58-07 40-58-07. Powers](https://www.frixlaw.com/law-library/statutes/STATE_ND_T40_C40-58_S40-58-07.md)
- [N.D. Cent. Code § 40-58-08 40-58-08. Eminent domain](https://www.frixlaw.com/law-library/statutes/STATE_ND_T40_C40-58_S40-58-08.md)
- [N.D. Cent. Code § 40-58-09 40-58-09. Disposal of property in development or renewal area](https://www.frixlaw.com/law-library/statutes/STATE_ND_T40_C40-58_S40-58-09.md)
- [N.D. Cent. Code § 40-58-10 40-58-10. Issuance of bonds](https://www.frixlaw.com/law-library/statutes/STATE_ND_T40_C40-58_S40-58-10.md)
- [N.D. Cent. Code § 40-58-11 40-58-11. Bonds as legal investments](https://www.frixlaw.com/law-library/statutes/STATE_ND_T40_C40-58_S40-58-11.md)
- [N.D. Cent. Code § 40-58-12 40-58-12. Property exempt from taxes and from levy and sale by virtue of an execution](https://www.frixlaw.com/law-library/statutes/STATE_ND_T40_C40-58_S40-58-12.md)
- [N.D. Cent. Code § 40-58-13 40-58-13. Cooperation by public bodies](https://www.frixlaw.com/law-library/statutes/STATE_ND_T40_C40-58_S40-58-13.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_ND_T40_C40-58_S40-58-03. Check the current official text before relying on it. Not legal advice.