Montana § 75-6-227 Creation Of Debt

Montana Statutes

§ 75-6-227 — Creation Of Debt

Montana § 75-6-227

Title 75ENVIRONMENTAL PROTECTION

Ch. 6PUBLIC WATER SUPPLIES, DISTRIBUTION, AND TREATMENT

Part 2Drinking Water State Revolving Fund Act

This text of Montana § 75-6-227 (Creation Of Debt) 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. § 75-6-227 (2026).

Text

75-6-227 . Creation of debt. The legislature, through enactment of this section, authorizes the creation of state debt in an amount not to exceed $50 million in principal amount of general obligation bonds outstanding from time to time for the purpose of:

(1)funding the drinking water program; and

(2)funding portions of loans on an interim basis pending receipt of:

(a)grant payments from the environmental protection agency for which federal legislation appropriating the proceeds of the grants has been enacted; or

(b)other revenue for the program.

Free access — add to your briefcase to read the full text and ask questions with AI

75-6-227 . Creation of debt. The legislature, through enactment of this section, authorizes the creation of state debt in an amount not to exceed $50 million in principal amount of general obligation bonds outstanding from time to time for the purpose of:
(1) funding the drinking water program; and
(2) funding portions of loans on an interim basis pending receipt of:
(a) grant payments from the environmental protection agency for which federal legislation appropriating the proceeds of the grants has been enacted; or
(b) other revenue for the program.

Legislative History

En. Sec. 16, Ch. 553, L. 1995; amd. Sec. 4, Ch. 421, L. 1999; amd. Sec. 2, Ch. 18, L. 2003; amd. Sec. 4, Ch. 323, L. 2005; amd. Sec. 3, Ch. 29, L. 2021.