Montana § 17-5-913 Authority To Issue Highway Revenue Bonds

Montana Statutes

§ 17-5-913 — Authority To Issue Highway Revenue Bonds

Montana § 17-5-913

Title 17STATE FINANCE

Ch. 5PUBLIC BOND ISSUES

Part 9Highway Revenue Bonds

This text of Montana § 17-5-913 (Authority To Issue Highway Revenue Bonds) 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. § 17-5-913 (2026).

Text

17-5-913 . Authority to issue highway revenue bonds. The board may issue and sell highway revenue bonds to finance the cost of highway projects, to pay the costs of issuing the bonds, and to provide for reserves, upon recommendation of the department. The state reserves the right to issue additional bonds secured equally and ratably by the pledge and appropriation of the highway revenues or separately secured by a portion of highway revenues subject only to the pledge of particular highway revenues to secure particular bonds.

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17-5-913 . Authority to issue highway revenue bonds. The board may issue and sell highway revenue bonds to finance the cost of highway projects, to pay the costs of issuing the bonds, and to provide for reserves, upon recommendation of the department. The state reserves the right to issue additional bonds secured equally and ratably by the pledge and appropriation of the highway revenues or separately secured by a portion of highway revenues subject only to the pledge of particular highway revenues to secure particular bonds.