Montana Statutes
§ 20-26-1106 — No State Obligation
Montana·Title 20 EDUCATION·Ch. 26 STUDENT FINANCIAL ASSISTANCE·Part 11 Guaranteed Student Loan Program
20-26-1106 . No state obligation. The legislature is not obligated to appropriate any money to pay for student loan defaults. For the purpose of the student loan program, neither the board nor the agency may obligate the credit of the state.
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Legislative History
En. Sec. 8, Ch. 691, L. 1979; amd. Sec. 13, Ch. 243, L. 1997.
Nearby Sections
15
§ 20-26-101
Short Title§ 20-26-102
Purpose -- Legislative Intent§ 20-26-103
Definitions§ 20-26-1101
Definitions§ 20-26-1102
Authorization To Establish Student Loan Program§ 20-26-1103
Duties Of Board§ 20-26-1104
Repealed§ 20-26-1105
Student Loan Account§ 20-26-1106
No State Obligation§ 20-26-1107
Dissolution -- Disposition Of Money§ 20-26-1108
Through 20-26-1110 Reserved§ 20-26-1111
Access To Governmental Records§ 20-26-1112
Through 20-26-1114 Reserved