Montana Statutes

§ 7-7-2215 — Zero-Coupon Bonds And Capital Appreciation Bonds

Montana·Title 7 LOCAL GOVERNMENT·Ch. 7 DEBT MANAGEMENT·Part 22 County General Obligation Bonds
7-7-2215 . Zero-coupon bonds and capital appreciation bonds. The terms "zero-coupon bonds" and "capital appreciation bonds", as used in this part, mean those forms of bonds that do not make periodic interest payments but, rather, are sold at a discount from their face value.

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Montana § 7-7-2215 (Zero-Coupon Bonds And Capital Appreciation Bonds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

En. Sec. 4, Ch. 559, L. 1993.

Nearby Sections

15
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