Montana Statutes
§ 7-7-4262 — Payment Of Principal And Interest
Montana § 7-7-4262
JurisdictionMontana
Title 7LOCAL GOVERNMENT
Ch. 7DEBT MANAGEMENT
Part 42Municipal General Obligation Bonds
This text of Montana § 7-7-4262 (Payment Of Principal And Interest) 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. § 7-7-4262 (2026).
Text
7-7-4262 . Payment of principal and interest. The city treasurer or town clerk shall pay from the proper sinking and interest fund the interest and principal of each issue or series of outstanding bonds, as the interest and principal become due and at the place where the bonds are payable, upon presentation and surrender of the coupon or bond to be paid.
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Legislative History
En. Sec. 25, Ch. 160, L. 1931; re-en. Sec. 5278.25, R.C.M. 1935; R.C.M. 1947, 11-2325(part); amd. Sec. 25, Ch. 423, L. 1995.
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Repealed§ 7-7-102
Repealed§ 7-7-103
Repealed§ 7-7-109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 § 7-7-4262, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/7/7-7-4262.