Montana Statutes

§ 17-5-914 — Continuation Of Taxes -- Limit On Additional Highway Revenue Bonds

Montana § 17-5-914
JurisdictionMontana
Title 17STATE FINANCE
Ch. 5PUBLIC BOND ISSUES
Part 9Highway Revenue Bonds

This text of Montana § 17-5-914 (Continuation Of Taxes -- Limit On Additional 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. § 17-5-914 (2026).

Text

17-5-914 . Continuation of taxes -- limit on additional highway revenue bonds. The legislature shall provide for the continued assessment, levy, collection, and deposit of highway revenues into the state special revenue fund for the credit of the department in amounts sufficient to pay, when due, the annual debt service charges on all outstanding highway revenue bonds. The board is authorized to include a contractual undertaking for the benefit of bondholders to this effect in the resolution or indenture under which the bonds are issued.

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Legislative History

En. Sec. 7, Ch. 557, L. 1983; amd. Sec. 4, Ch. 249, L. 1983.

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Bluebook (online)
Montana § 17-5-914, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/5/17-5-914.