Montana § 7-14-4723 Advance Payment Of Installments

Montana Statutes

§ 7-14-4723 — Advance Payment Of Installments

Montana § 7-14-4723

Title 7LOCAL GOVERNMENT

Ch. 14TRANSPORTATION

Part 47Pedestrian Malls and Offstreet Parking Facilities

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Bluebook

Mont. Code Ann. § 7-14-4723 (2026).

Text

7-14-4723 . Advance payment of installments. The governing body may provide for receiving payment of the installments of the assessment before they become due and using the proceeds thereof in redeeming such bonds as may be presented for redemption by the owners thereof or for investing the proceeds in improvement bonds for other work or other satisfactory investment, but no investment of such funds shall be made so as to prejudice the prompt payment of the bonds on the date they become due.

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7-14-4723 . Advance payment of installments. The governing body may provide for receiving payment of the installments of the assessment before they become due and using the proceeds thereof in redeeming such bonds as may be presented for redemption by the owners thereof or for investing the proceeds in improvement bonds for other work or other satisfactory investment, but no investment of such funds shall be made so as to prejudice the prompt payment of the bonds on the date they become due.