Montana § 7-6-1112 Funds For Payment Of Principal And Interest

Montana Statutes

§ 7-6-1112 — Funds For Payment Of Principal And Interest

Montana·Title 7 LOCAL GOVERNMENT·Ch. 6 FINANCIAL ADMINISTRATION AND TAXATION·Part 11 Tax and Revenue Anticipation Notes

7-6-1112 . Funds for payment of principal and interest. For the purpose of providing funds for the payment of principal of and interest on gross proceeds obligations or short-term obligations, the governing body may authorize the creation of a special fund or funds and provide for the payment from authorized sources to such funds of amounts sufficient to meet principal and interest requirements.

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7-6-1112 . Funds for payment of principal and interest. For the purpose of providing funds for the payment of principal of and interest on gross proceeds obligations or short-term obligations, the governing body may authorize the creation of a special fund or funds and provide for the payment from authorized sources to such funds of amounts sufficient to meet principal and interest requirements.

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