Montana Statutes
§ 7-7-4204 — Nature Of General Obligation Bonds
Montana § 7-7-4204
JurisdictionMontana
Title 7LOCAL GOVERNMENT
Ch. 7DEBT MANAGEMENT
Part 42Municipal General Obligation Bonds
This text of Montana § 7-7-4204 (Nature Of General Obligation Bonds) 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. § 7-7-4204 (2026).
Text
7-7-4204 . Nature of general obligation bonds. All bonds issued under the provisions of this part shall be legal and valid obligations of the city or town issuing the same, and the full faith and credit of such city or town are hereby irrevocably pledged for the prompt payment of both principal and interest thereof as the same become due.
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Legislative History
En. Sec. 20, Ch. 160, L. 1931; re-en. Sec. 5278.20, R.C.M. 1935; R.C.M. 1947, 11-2320.
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Repealed§ 7-7-102
Repealed§ 7-7-103
Repealed§ 7-7-109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 MisconductCite This Page — Counsel Stack
Bluebook (online)
Montana § 7-7-4204, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/7/7-7-4204.