Montana Statutes
§ 7-12-1143 — Liability Insurance Required
Montana·Title 7 LOCAL GOVERNMENT·Ch. 12 IMPROVEMENT DISTRICTS·Part 11 Business Improvement Districts
7-12-1143 . Liability insurance required. The governing body may not approve the annual budget or the work plan submitted to it by the board unless the annual budget and the work plan provide for liability insurance coverage insuring the district, the board, and the local government against legal liability for personal injury and property damage in an amount determined sufficient for that purpose by the governing body.
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Legislative History
En. Sec. 18, Ch. 656, L. 1985.
Nearby Sections
15
§ 7-12-1101
Short Title§ 7-12-1102
Purpose§ 7-12-1103
Definitions§ 7-12-1104
Through 7-12-1110 Reserved§ 7-12-1111
Establishment Or Expansion Of District§ 7-12-1113
Protest Against Proposed District§ 7-12-1115
Resolution Creating Or Expanding District§ 7-12-1116
Through 7-12-1120 Reserved§ 7-12-1123
Removal Of Board Member§ 7-12-1124
Through 7-12-1130 Reserved§ 7-12-1131
Powers Of Board In Administering District