Montana Statutes
§ 7-14-4723 — Advance Payment Of Installments
Montana·Title 7 LOCAL GOVERNMENT·Ch. 14 TRANSPORTATION·Part 47 Pedestrian Malls and Offstreet Parking Facilities
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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Legislative History
En. 11-2214.3 by Sec. 4, Ch. 136, L. 1967; R.C.M. 1947, 11-2214.3(e).
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Repealed§ 7-14-104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