Montana Statutes

§ 7-14-2530 — Redemption Of Bonds Authorized

Montana·Title 7 LOCAL GOVERNMENT·Ch. 14 TRANSPORTATION·Part 25 Financial Management of County Roads and Bridges

7-14-2530 . Redemption of bonds authorized.

(1)All bonds issued for a term longer than 5 years shall be redeemable, at the option of the county, 5 years after the date of issue and on any payment due date thereafter before maturity.
(2)This statement shall appear on the face of each bond.

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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(3).

Nearby Sections

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