Montana § 7-2-102 Apportionment Of Indebtedness And Credits Upon Alteration Of Boundary Of Local Government

Montana Statutes

§ 7-2-102 — Apportionment Of Indebtedness And Credits Upon Alteration Of Boundary Of Local Government

Montana § 7-2-102

Title 7LOCAL GOVERNMENT

Ch. 2CREATION, ALTERATION, AND ABANDONMENT OF LOCAL GOVERNMENTS

Part 1General Provisions Applicable to Local Government

This text of Montana § 7-2-102 (Apportionment Of Indebtedness And Credits Upon Alteration Of Boundary Of Local Government) 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. § 7-2-102 (2026).

Text

7-2-102 . Apportionment of indebtedness and credits upon alteration of boundary of local government. When any territory shall be detached from any county, city, or town of this state and annexed to any other county, city, or town therein, such county, city, or town to which the same shall be annexed shall be liable to the county, city, or town from which the territory was so detached for its just share of liabilities and indebtedness and shall receive a just share of the credits from the county, city, or town from which the same shall have been detached, which shall be apportioned by ascertaining what ratio the portion detached bears to the territory from which the same was detached. The last prior assessment shall be used as a basis in determining the same.

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7-2-102 . Apportionment of indebtedness and credits upon alteration of boundary of local government. When any territory shall be detached from any county, city, or town of this state and annexed to any other county, city, or town therein, such county, city, or town to which the same shall be annexed shall be liable to the county, city, or town from which the territory was so detached for its just share of liabilities and indebtedness and shall receive a just share of the credits from the county, city, or town from which the same shall have been detached, which shall be apportioned by ascertaining what ratio the portion detached bears to the territory from which the same was detached. The last prior assessment shall be used as a basis in determining the same.