Montana § 17-5-1627 Negotiability Of Bonds Or Notes

Montana Statutes

§ 17-5-1627 — Negotiability Of Bonds Or Notes

Montana § 17-5-1627

Title 17STATE FINANCE

Ch. 5PUBLIC BOND ISSUES

Part 16Municipal Finance Consolidation Act

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Bluebook

Mont. Code Ann. § 17-5-1627 (2026).

Text

17-5-1627 . Negotiability of bonds or notes. Notwithstanding any other provisions of law, a bond or note issued under this part is fully negotiable for all purposes of the Uniform Commercial Code, Title 30, chapters 1 through 9A, and a holder or owner of a bond or note or of a coupon appurtenant to it, by accepting the bond, note, or coupon, is conclusively presumed to have agreed that the bond, note, or coupon is fully negotiable for all purposes of the Uniform Commercial Code.

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17-5-1627 . Negotiability of bonds or notes. Notwithstanding any other provisions of law, a bond or note issued under this part is fully negotiable for all purposes of the Uniform Commercial Code, Title 30, chapters 1 through 9A, and a holder or owner of a bond or note or of a coupon appurtenant to it, by accepting the bond, note, or coupon, is conclusively presumed to have agreed that the bond, note, or coupon is fully negotiable for all purposes of the Uniform Commercial Code.