Montana § 7-13-4102 Authority To Acquire Natural Gas System -- Indebtedness Permitted

Montana Statutes

§ 7-13-4102 — Authority To Acquire Natural Gas System -- Indebtedness Permitted

Montana § 7-13-4102

Title 7LOCAL GOVERNMENT

Ch. 13UTILITY SERVICES

Part 41General Provisions Related to Municipal Utility Services

This text of Montana § 7-13-4102 (Authority To Acquire Natural Gas System -- Indebtedness Permitted) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 7-13-4102 (2026).

Text

7-13-4102 . Authority to acquire natural gas system -- indebtedness permitted.

(1)The city or town council has power to contract an indebtedness of a city or town upon the credit thereof by borrowing money or issuing bonds for the construction, purchase, or development of an adequate supply of natural gas and to construct or purchase a system of gaslines for the distribution thereof to the inhabitants of the city or town or vicinity.

(2)No money may be borrowed or bonds issued for the purposes specified in this section until the proposition has been submitted to the vote of the taxpayers of the city or town affected thereby and the majority vote cast in its favor.

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7-13-4102 . Authority to acquire natural gas system -- indebtedness permitted. (1) The city or town council has power to contract an indebtedness of a city or town upon the credit thereof by borrowing money or issuing bonds for the construction, purchase, or development of an adequate supply of natural gas and to construct or purchase a system of gaslines for the distribution thereof to the inhabitants of the city or town or vicinity.
(2) No money may be borrowed or bonds issued for the purposes specified in this section until the proposition has been submitted to the vote of the taxpayers of the city or town affected thereby and the majority vote cast in its favor.