Montana Statutes
§ 7-7-4273 — Cancellation Of Warrants And Refunded General Obligation Bonds
7-7-4273 . Cancellation of warrants and refunded general obligation bonds.
(1)Whenever bonds are issued for the purpose of funding outstanding warrants or refunding outstanding bonds, the city treasurer or town clerk shall, upon taking up such warrants or bonds, cancel the same, keep a record thereof, and deliver the same to the city or town clerk, with a report showing the numbers thereof and the amounts paid for principal and interest.
(2)The city or town clerk shall exhibit such warrants or bonds, with such report, to the city or town council at the next regular meeting thereof.
Free access — add to your briefcase to read the full text and ask questions with AI
Montana § 7-7-4273 (Cancellation Of Warrants And Refunded General Obligation Bonds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 28, Ch. 160, L. 1931; re-en. Sec. 5278.28, R.C.M. 1935; R.C.M. 1947, 11-2328(part).
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Repealed§ 7-7-102
Repealed§ 7-7-103
Repealed§ 7-7-109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 Misconduct