Montana Statutes
§ 7-5-2306 — Use Of Installment Purchase Contracts
Montana·Title 7 LOCAL GOVERNMENT·Ch. 5 GENERAL OPERATION AND CONDUCT OF BUSINESS·Part 23 County Contracts
7-5-2306 . Use of installment purchase contracts. When the amount to be paid as the purchase price for any vehicle or road machinery of any kind, for any other machinery, apparatus, appliance, or equipment, or for any materials or supplies of any kind exceeds $4,000, the county governing body may provide for the payment of the purchase price in installments extending over a period of not more than 10 years, provided that at the time of entering into the agreement for the purchase, there is an unexpended balance of appropriation in the budget for the then-current fiscal year available and sufficient to meet and take care of the portion of the purchase price as is payable during the then-current fiscal year and the budget for each following year in which any portion of the purchase price is
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Legislative History
En. Sec. 1, Ch. 8, L. 1933; amd. Sec. 1, Ch. 87, L. 1935; re-en. Sec. 4605.1, R.C.M. 1935; amd. Sec. 1, Ch. 42, L. 1941; amd. Sec. 1, Ch. 128, L. 1951; amd. Sec. 1, Ch. 25, L. 1963; amd. Sec. 1, Ch. 331, L. 1969; amd. Sec. 1, Ch. 127, L. 1973; amd. Sec. 1, Ch. 55, L. 1975; R.C.M. 1947, 16-1803(2); amd. Sec. 1, Ch. 233, L. 1991.
Nearby Sections
15
§ 7-5-101
Definition§ 7-5-102
Construction Of Certain Sections§ 7-5-103
Ordinance Requirements§ 7-5-104
Emergency Ordinance§ 7-5-105
Effective Date Of Ordinance§ 7-5-106
Ordinance Veto Procedure§ 7-5-109
Penalty For Violation Of Ordinance§ 7-5-110
Through 7-5-120 Reserved§ 7-5-121
Resolution Requirements§ 7-5-122
Resolution Veto Procedure§ 7-5-123
Effective Date Of Resolutions§ 7-5-124
Through 7-5-130 Reserved§ 7-5-131
Right Of Initiative And Referendum