Montana Statutes

§ 7-12-1144 — Obligations Of District Not Obligations Of Local Government

Montana·Title 7 LOCAL GOVERNMENT·Ch. 12 IMPROVEMENT DISTRICTS·Part 11 Business Improvement Districts
7-12-1144 . Obligations of district not obligations of local government. An obligation or debt of any nature of a district is not an obligation or debt of the local government that established the district, and in no event is a debt or obligation of a district payable out of any funds or properties of the local government. The debts and obligations of a district are payable solely from the funds and properties of the district.

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Montana § 7-12-1144 (Obligations Of District Not Obligations Of Local Government) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

En. Sec. 19, Ch. 656, L. 1985.

Nearby Sections

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