Montana § 7-15-4507 Sale Of Bonds

Montana Statutes

§ 7-15-4507 — Sale Of Bonds

Montana·Title 7 LOCAL GOVERNMENT·Ch. 15 HOUSING AND CONSTRUCTION·Part 45 Municipal Housing Authorities Continued

7-15-4507 . Sale of bonds.

(1)Any bonds issued by the authority may be sold at public or private sale as determined by the authority pursuant to 17-5-107 . If the authority conducts a public sale, the bonds may be sold after notice published once at least 10 days prior to the sale in a newspaper having a general circulation in the city and in a financial newspaper.

(2)The bonds may be sold at private sale pursuant to 17-5-107 without any public advertisement.

(3)The bonds may be sold at a price or prices as determined by the authority.

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7-15-4507 . Sale of bonds. (1) Any bonds issued by the authority may be sold at public or private sale as determined by the authority pursuant to 17-5-107 . If the authority conducts a public sale, the bonds may be sold after notice published once at least 10 days prior to the sale in a newspaper having a general circulation in the city and in a financial newspaper.
(2) The bonds may be sold at private sale pursuant to 17-5-107 without any public advertisement.
(3) The bonds may be sold at a price or prices as determined by the authority.

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Legislative History

En. Sec. 15, Ch. 140, L. 1935; re-en. Sec. 5309.15, R.C.M. 1935; amd. Sec. 37, Ch. 234, L. 1971; R.C.M. 1947, 35-115(part); amd. Sec. 19, Ch. 253, L. 2011.