Montana § 7-7-2223 Election Required For Issuance Of Certain Bonds

Montana Statutes

§ 7-7-2223 — Election Required For Issuance Of Certain Bonds

Montana·Title 7 LOCAL GOVERNMENT·Ch. 7 DEBT MANAGEMENT·Part 22 County General Obligation Bonds

7-7-2223 . Election required for issuance of certain bonds.

(1)County bonds for any purpose other than those enumerated in 7-7-2221 and 7-7-2311 may not be issued unless authorized by registered electors of the county voting at an election conducted in accordance with Title 13, chapter 1, part 4.

(2)A bond election may not be called unless the board of county commissioners:

(a)initiates and unanimously adopts a resolution in accordance with the provisions of 7-7-2227 (2); or

(b)receives a petition, delivered and certified by the election administrator, asking that the election be held and the question be submitted. The petition must be signed by at least 20% of the registered electors of the county.

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7-7-2223 . Election required for issuance of certain bonds. (1) County bonds for any purpose other than those enumerated in 7-7-2221 and 7-7-2311 may not be issued unless authorized by registered electors of the county voting at an election conducted in accordance with Title 13, chapter 1, part 4.
(2) A bond election may not be called unless the board of county commissioners:
(a) initiates and unanimously adopts a resolution in accordance with the provisions of 7-7-2227 (2); or
(b) receives a petition, delivered and certified by the election administrator, asking that the election be held and the question be submitted. The petition must be signed by at least 20% of the registered electors of the county.

Montana § 7-7-2223 (Election Required For Issuance Of Certain Bonds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

En. Secs. 7, 8, Ch. 188, L. 1931; re-en. Secs. 4630.7, 4630.8, R.C.M. 1935; amd. Secs. 12, 13, Ch. 158, L. 1971; amd. Secs. 1, 2, Ch. 347, L. 1977; R.C.M. 1947, 16-2021(1), 16-2022(part); amd. Sec. 307, Ch. 571, L. 1979; amd. Sec. 1, Ch. 89, L. 1983; amd. Sec. 29, Ch. 387, L. 1995; amd. Sec. 1, Ch. 234, L. 1997; amd. Sec. 99, Ch. 49, L. 2015.