Montana Statutes
§ 90-6-123 — Credit Of State Not Pledged
Montana § 90-6-123
JurisdictionMontana
Title 90PLANNING, RESEARCH, AND DEVELOPMENT
Ch. 6COMMUNITY IMPACT -- PLANNING AND ABATEMENT
Part 1Financing of Housing
This text of Montana § 90-6-123 (Credit Of State Not Pledged) 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. § 90-6-123 (2026).
Text
90-6-123 . Credit of state not pledged. Obligations issued under the provisions of this part do not constitute a debt or liability or obligation or a pledge of the faith and credit of the state but are payable solely from the revenues or assets of the board. An obligation issued under this part shall contain on the face thereof a statement to the effect that the state of Montana is not liable on the obligation and the obligation is not a debt of the state and neither the faith and credit nor the taxing power of the state is pledged to the payment of the principal of or the interest on the obligation.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
En. 35-520 by Sec. 21, Ch. 461, L. 1975; R.C.M. 1947, 35-520.
Nearby Sections
15
§ 90-6-1001
Oil, Gas, And Coal Natural Resource Accounts§ 90-6-101
Short Title§ 90-6-102
Legislative Declaration§ 90-6-103
Definitions§ 90-6-104
General Powers Of The Board§ 90-6-105
Meetings And Acts Of The Board§ 90-6-106
Adoption Of Rules§ 90-6-107
Deposit And Expenditure Of Funds§ 90-6-108
Financing Programs Of The Board§ 90-6-110
Supervision Of Housing Sponsors§ 90-6-111
Bonds And Notes§ 90-6-112
Provision Of Bond Resolutions§ 90-6-113
Validity Of Pledge§ 90-6-114
Personal LiabilityCite This Page — Counsel Stack
Bluebook (online)
Montana § 90-6-123, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/6/90-6-123.