Montana § 7-14-4660 Expenses Which May Be Paid By Means Of Funding Or Refunding Bonds

Montana Statutes

§ 7-14-4660 — Expenses Which May Be Paid By Means Of Funding Or Refunding Bonds

Montana § 7-14-4660

Title 7LOCAL GOVERNMENT

Ch. 14TRANSPORTATION

Part 46Parking Commissions

This text of Montana § 7-14-4660 (Expenses Which May Be Paid By Means Of Funding Or Refunding Bonds) 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. § 7-14-4660 (2026).

Text

7-14-4660 . Expenses which may be paid by means of funding or refunding bonds. The expenses referred to in 7-14-4659 (1) include:

(1)the difference in amount between the par value of the funding or refunding bonds and any amount less than par for which the funding or refunding bonds are sold;

(2)any amount necessary to be made available for the payment of interest upon such funding or refunding bonds from the date of sale thereof to date of payment of the bonds to be funded or refunded or to the date upon which the bonds to be funded or refunded will be paid pursuant to the call thereof or agreement with the holders thereof; and

(3)the premium, if any, necessary to be paid in order to call or retire the outstanding bonds and the interest accruing thereon to the date of the call or retir

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7-14-4660 . Expenses which may be paid by means of funding or refunding bonds. The expenses referred to in 7-14-4659 (1) include:
(1) the difference in amount between the par value of the funding or refunding bonds and any amount less than par for which the funding or refunding bonds are sold;
(2) any amount necessary to be made available for the payment of interest upon such funding or refunding bonds from the date of sale thereof to date of payment of the bonds to be funded or refunded or to the date upon which the bonds to be funded or refunded will be paid pursuant to the call thereof or agreement with the holders thereof; and
(3) the premium, if any, necessary to be paid in order to call or retire the outstanding bonds and the interest accruing thereon to the date of the call or retirement.