Montana § 7-7-4221 Election On Question Of Incurring Indebtedness -- Exception

Montana Statutes

§ 7-7-4221 — Election On Question Of Incurring Indebtedness -- Exception

Montana § 7-7-4221

Title 7LOCAL GOVERNMENT

Ch. 7DEBT MANAGEMENT

Part 42Municipal General Obligation Bonds

This text of Montana § 7-7-4221 (Election On Question Of Incurring Indebtedness -- Exception) 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. § 7-7-4221 (2026).

Text

7-7-4221 . Election on question of incurring indebtedness -- exception.

(1)Except as provided in subsection (2) and 15-1-402 , whenever the governing body of any municipality considers it necessary to issue bonds pledging the general credit of the municipality for any purpose authorized by law, the question of issuing the bonds shall first be submitted to the registered electors of the city or town.

(2)It is not necessary to submit to the electors the question of issuing refunding bonds to refund bonds issued and outstanding or the question of issuing revenue bonds not pledging the general credit of the municipality under any laws of this state.

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7-7-4221 . Election on question of incurring indebtedness -- exception. (1) Except as provided in subsection (2) and 15-1-402 , whenever the governing body of any municipality considers it necessary to issue bonds pledging the general credit of the municipality for any purpose authorized by law, the question of issuing the bonds shall first be submitted to the registered electors of the city or town.
(2) It is not necessary to submit to the electors the question of issuing refunding bonds to refund bonds issued and outstanding or the question of issuing revenue bonds not pledging the general credit of the municipality under any laws of this state.

Legislative History

En. Sec. 1, Ch. 160, L. 1931; amd. Sec. 1, Ch. 100, L. 1933; re-en. Sec. 5278.1, R.C.M. 1935; amd. Sec. 1, Ch. 12, L. 1937; amd. Sec. 1, Ch. 108, L. 1937; amd. Sec. 1, Ch. 15, L. 1943; amd. Sec. 1, Ch. 62, L. 1945; amd. Sec. 1, Ch. 413, L. 1973; R.C.M. 1947, 11-2301; amd. Sec. 5, Ch. 212, L. 1979; amd. Sec. 315, Ch. 571, L. 1979; amd. Sec. 7, Ch. 213, L. 1989.