Montana § 85-1-624 Authorization Of Bonds

Montana Statutes

§ 85-1-624 — Authorization Of Bonds

Montana § 85-1-624

Title 85WATER USE

Ch. 1WATER RESOURCES

Part 6Renewable Resource Grant and Loan Program

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Bluebook

Mont. Code Ann. § 85-1-624 (2026).

Text

85-1-624 . Authorization of bonds. The board of examiners is authorized to issue and sell general obligation renewable resource bonds for the renewable resource grant and loan program created under Title 85, chapter 1, part 6, in accordance with the terms and conditions and in the manner provided in 85-1-617 from time to time and in amounts that, taking into consideration the principal amount of any renewable resource bonds then outstanding, will not cause the total aggregate principal amount of renewable resource bonds outstanding at any time to exceed $30 million.

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85-1-624 . Authorization of bonds. The board of examiners is authorized to issue and sell general obligation renewable resource bonds for the renewable resource grant and loan program created under Title 85, chapter 1, part 6, in accordance with the terms and conditions and in the manner provided in 85-1-617 from time to time and in amounts that, taking into consideration the principal amount of any renewable resource bonds then outstanding, will not cause the total aggregate principal amount of renewable resource bonds outstanding at any time to exceed $30 million.