Montana Statutes

§ 7-14-4646 — Series Or Divisions Of Bonds Permitted

Montana § 7-14-4646
JurisdictionMontana
Title 7LOCAL GOVERNMENT
Ch. 14TRANSPORTATION
Part 46Parking Commissions

This text of Montana § 7-14-4646 (Series Or Divisions Of Bonds 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. § 7-14-4646 (2026).

Text

7-14-4646 . Series or divisions of bonds permitted.

(1)The commission may issue revenue bonds in series or may divide any issue into one or two or more divisions and fix different maturities or dates of such bonds, fix different rates of interest, or prescribe different terms and conditions for the bonds of the several series or divisions.
(2)It is not necessary that all bonds of the same authorized issue be of the same kind or character, have the same security, or be of the same interest rate, but the terms thereof shall in each case be provided for by the commission at or prior to the issue thereof.
(3)The commission may provide for successive issues or may provide for one maximum issue.

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Legislative History

En. Sec. 16, Ch. 223, L. 1951; R.C.M. 1947, 11-3716.

Nearby Sections

15
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Bluebook (online)
Montana § 7-14-4646, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/14/7-14-4646.