Montana Statutes
§ 7-7-131 — Bankruptcy -- Definitions
Montana·Title 7 LOCAL GOVERNMENT·Ch. 7 DEBT MANAGEMENT·Part 1 General Provisions Related to Local Governments
7-7-131 . Bankruptcy -- definitions. As used in 7-7-132 through 7-7-134 and this section, the following definitions apply:
(1)"Legislative body" means:
(a)the governing body of a city or town;
(b)the governing body of a local entity that is a district if, by law, the district must have a governing body; or
(c)the governing body of the city, town, or county that created a local entity that is a district if law does not require the district to have a separate governing body. Unless otherwise agreed to by the governing bodies of the county and of the city or town, a joint board composed of an equal number of members from each governing body shall act as the district governing body of a district that was jointly created by the county and the city or town.
(2)"Local entity" means a distric
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Legislative History
En. Sec. 1, Ch. 296, L. 1995.
Nearby Sections
15
§ 7-7-101
Repealed§ 7-7-102
Repealed§ 7-7-103
Repealed§ 7-7-109
Definitions -- Sale Of Notes In Anticipation Of Federal Or State Revenue Or Issuance Of Bonds§ 7-7-110
Authorization Of Bonds§ 7-7-111
Bond Election -- Impact On Value§ 7-7-112
Through 7-7-120 Reserved§ 7-7-121
Misconduct In Relation To Bond Funds§ 7-7-122
Prosecution For Misconduct