Montana Statutes

§ 7-7-4208 — Types Of General Obligation Bonds

Montana § 7-7-4208
JurisdictionMontana
Title 7LOCAL GOVERNMENT
Ch. 7DEBT MANAGEMENT
Part 42Municipal General Obligation Bonds

This text of Montana § 7-7-4208 (Types 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. § 7-7-4208 (2026).

Text

7-7-4208 . Types of general obligation bonds.

(1)Except as provided in subsection (2), bonds issued by any city or town must be either amortization bonds or serial bonds.
(2)Citizen bonds may be amortization bonds, serial bonds, term bonds, capital appreciation bonds, or zero-coupon bonds, without preference for amortization bonds.

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Legislative History

En. Sec. 5, Ch. 160, L. 1931; re-en. Sec. 5278.5, R.C.M. 1935; amd. Sec. 2, Ch. 152, L. 1953; R.C.M. 1947, 11-2305(part); amd. Sec. 6, Ch. 511, L. 1989; amd. Sec. 5, Ch. 459, L. 1997.

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Bluebook (online)
Montana § 7-7-4208, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/7/7-7-4208.