Montana Statutes

§ 17-5-305 — Sale Of Bonds And Debentures

Montana § 17-5-305
JurisdictionMontana
Title 17STATE FINANCE
Ch. 5PUBLIC BOND ISSUES
Part 3Refunding Bonds

This text of Montana § 17-5-305 (Sale Of Bonds And Debentures) 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. § 17-5-305 (2026).

Text

17-5-305 . Sale of bonds and debentures. The refunding bonds or debentures that may be issued under the provisions of this part must be sold by the board of examiners in a manner that the board considers to be in the best interests of the state. However, if the state holds any bonds or debentures to be refunded by an issue of refunding bonds or debentures as investments of institutional or other funds, the original bonds or debentures may be exchanged for the refunding bonds or debentures if the exchange is authorized by the proper state officers or board.

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Legislative History

En. Sec. 3, Ch. 5, L. 1945; R.C.M. 1947, 79-1803; amd. Sec. 10, Ch. 184, L. 1983; amd. Sec. 8, Ch. 342, L. 2009.

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Bluebook (online)
Montana § 17-5-305, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/5/17-5-305.