Montana § 60-11-117 Definitions

Montana Statutes

§ 60-11-117 — Definitions

Montana·Title 60 HIGHWAYS AND TRANSPORTATION·Ch. 11 RAIL TRANSPORTATION·Part 1 General Provisions

60-11-117 . Definitions. As used in 60-11-117 through 60-11-119 , the following definitions apply:

(1)"Board" means the board of investments established in 2-15-1808 .

(2)"Bonds" means bonds, notes, or other evidences of indebtedness issued pursuant to 60-11-117 through 60-11-119 as essential freight rail revenue bonds.

(3)"Cost", as applied to any project, means any cost of any part of the project pursuant to 60-11-120 .

(4)"Projects" means the acquisition, construction, reconstruction, maintenance, and repair of rail lines.

(5)"Revenue" means the revenue from the operation of a rail line loan repayments and any delinquency charges on loan repayments.

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60-11-117 . Definitions. As used in 60-11-117 through 60-11-119 , the following definitions apply:
(1) "Board" means the board of investments established in 2-15-1808 .
(2) "Bonds" means bonds, notes, or other evidences of indebtedness issued pursuant to 60-11-117 through 60-11-119 as essential freight rail revenue bonds.
(3) "Cost", as applied to any project, means any cost of any part of the project pursuant to 60-11-120 .
(4) "Projects" means the acquisition, construction, reconstruction, maintenance, and repair of rail lines.
(5) "Revenue" means the revenue from the operation of a rail line loan repayments and any delinquency charges on loan repayments.

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