Montana § 17-5-801 Definitions

Montana Statutes

§ 17-5-801 — Definitions

Montana·Title 17 STATE FINANCE·Ch. 5 PUBLIC BOND ISSUES·Part 8 General Obligation Bonds and Notes

17-5-801 . Definitions. As used in this part, unless the context requires otherwise, the following definitions apply:

(1)"Board" means the board of examiners provided for in 2-15-1007 .

(2)"Bond act" means an act approved by the vote of two-thirds of the members of each house of the legislature or by a majority of the electors voting thereon, authorizing the issuance of bonds for the purpose set forth therein and adopting this part by reference.

(3)"Bonds" means general obligation bonds, notes, or other evidences of indebtedness issued in accordance with the provisions of this part.

(4)"Capital projects account" means a separate general obligation bond and note account created within the capital projects fund type established in 17-2-102 .

(5)"Costs" includes those expenses related to

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17-5-801 . Definitions. As used in this part, unless the context requires otherwise, the following definitions apply:
(1) "Board" means the board of examiners provided for in 2-15-1007 .
(2) "Bond act" means an act approved by the vote of two-thirds of the members of each house of the legislature or by a majority of the electors voting thereon, authorizing the issuance of bonds for the purpose set forth therein and adopting this part by reference.
(3) "Bonds" means general obligation bonds, notes, or other evidences of indebtedness issued in accordance with the provisions of this part.
(4) "Capital projects account" means a separate general obligation bond and note account created within the capital projects fund type established in 17-2-102 .
(5) "Costs" includes those expenses related to acquiring land; planning, design, and construction of capital projects and of buildings as defined in 18-2-101 ; or any other administrative expenses of the department, including legal fees, incurred in the performance of its duties under Title 18, chapter 2.
(6) "Debt service account" means a separate general obligation bond and note account created within the debt service fund type established in 17-2-102 .
(7) "Department" means the department of administration created in 2-15-1001 .
(8) "Treasurer" means the ex officio state treasurer, referred to in 2-15-1002 .

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