Montana Statutes
§ 85-6-104 — Assessment Of Shares Of Stock
85-6-104 . Assessment of shares of stock. The assessable stock of any such water users' association may at the time of any assessment made, after the major portion of such irrigation project is completed and the irrigable area thereunder determined, be one share for each irrigable acre, and appropriate bylaws of the association may provide for the discharge of assessments levied on stock appurtenant to lands then determined to be nonirrigable.
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Legislative History
En. Sec. 2, Ch. 29, L. 1915; re-en. Sec. 7163, R.C.M. 1921; re-en. Sec. 7163, R.C.M. 1935; R.C.M. 1947, 89-1104.
Nearby Sections
9
§ 85-6-101
Power To Levy New Assessments§ 85-6-102
Assessments To Be Equitable§ 85-6-103
Transfer Of Shares Of Stock§ 85-6-104
Assessment Of Shares Of Stock§ 85-6-106
Vacancies In Board Of Directors§ 85-6-107
Liability Of Associations§ 85-6-108
Exemption From Payment Of Fees