Montana Statutes

§ 7-14-236 — Limitation On Bonded Indebtedness

Montana § 7-14-236
JurisdictionMontana
Title 7LOCAL GOVERNMENT
Ch. 14TRANSPORTATION
Part 2Urban Transportation Districts

This text of Montana § 7-14-236 (Limitation On Bonded Indebtedness) 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. § 7-14-236 (2026).

Text

7-14-236 . Limitation on bonded indebtedness. The amount of bonds issued to provide funds for the district and outstanding at any time may not exceed 1.51% of the total assessed value of taxable property, determined as provided in 15-8-111 , within the district, as ascertained by the last assessment for state and county taxes prior to the issuance of the bonds.

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Legislative History

En. 11-4510 by Sec. 10, Ch. 355, L. 1975; R.C.M. 1947, 11-4510(part); amd. Sec. 50, Ch. 614, L. 1981; amd. Sec. 15, Ch. 29, L. 2001.

Nearby Sections

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Bluebook (online)
Montana § 7-14-236, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/14/7-14-236.