Montana Statutes
§ 7-14-2523 — Term Of County Bridge Bonds
Montana·Title 7 LOCAL GOVERNMENT·Ch. 14 TRANSPORTATION·Part 25 Financial Management of County Roads and Bridges
7-14-2523 . Term of county bridge bonds.
(1)Bonds issued under 7-14-2522 (1) may not be issued for a term longer than 20 years.
(2)A bond issued under 7-14-2522 (1)(b) may not be issued for a term longer than 10 years, except that if the unexpired term of the bonds to be refunded is greater than 10 years, the refunding bonds may be issued for the unexpired term.
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Legislative History
En. Sec. 7-305, Ch. 197, L. 1965; amd. Sec. 30, Ch. 234, L. 1971; amd. Sec. 125, Ch. 316, L. 1974; R.C.M. 1947, 32-3805(1), (2); amd. Sec. 50, Ch. 574, L. 2001.
Nearby Sections
15
§ 7-14-1001
Purpose§ 7-14-1002
Transportation Improvement Authority§ 7-14-1003
Commissioners§ 7-14-1004
Cooperation Of County And Municipality§ 7-14-1005
General Powers Of The Authority§ 7-14-1006
Rules§ 7-14-1007
Tax Exemption§ 7-14-102
Repealed§ 7-14-104
Costs Of Discontinuation Of Trafficway§ 7-14-105
Through 7-14-109 Reserved§ 7-14-1101
Local Port Authority§ 7-14-1102
Regional Port Authority