Montana § 7-13-2323 Election On Question Of Incurring Bonded Indebtedness

Montana Statutes

§ 7-13-2323 — Election On Question Of Incurring Bonded Indebtedness

Montana·Title 7 LOCAL GOVERNMENT·Ch. 13 UTILITY SERVICES·Part 23 County Water and/or Sewer Districts Continued

7-13-2323 . Election on question of incurring bonded indebtedness.

(1)The board of directors shall fix a date on which an election is held in accordance with 13-1-504 for the purpose of authorizing the bonded indebtedness to be incurred.

(2)The board may order as many as two elections each year if:

(a)there are no bids within the amount of approved bonds;

(b)there is an emergency;

(c)a directive for a project is received from a government agency; or

(d)it is necessary to take advantage of the construction season.

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7-13-2323 . Election on question of incurring bonded indebtedness. (1) The board of directors shall fix a date on which an election is held in accordance with 13-1-504 for the purpose of authorizing the bonded indebtedness to be incurred.
(2) The board may order as many as two elections each year if:
(a) there are no bids within the amount of approved bonds;
(b) there is an emergency;
(c) a directive for a project is received from a government agency; or
(d) it is necessary to take advantage of the construction season.

Montana § 7-13-2323 (Election On Question Of Incurring Bonded Indebtedness) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

En. Sec. 18, Ch. 242, L. 1957; R.C.M. 1947, 16-4518; amd. Sec. 334, Ch. 571, L. 1979; amd. Sec. 44, Ch. 387, L. 1995; amd. Sec. 12, Ch. 234, L. 1997; amd. Sec. 138, Ch. 49, L. 2015.