Montana Statutes
§ 7-7-4621 — Resolution For Issuance Of Refunding Revenue Bonds
Montana·Title 7 LOCAL GOVERNMENT·Ch. 7 DEBT MANAGEMENT·Part 46 Municipal Refunding Revenue Bonds Option 2
7-7-4621 . Resolution for issuance of refunding revenue bonds.
(1)The refunding bonds shall be authorized by resolution of the governing body of the municipality. Such resolution may be adopted at a regular or special meeting and at the same meeting at which they are introduced by a majority of all the members of the governing body then in office. Such resolution shall take effect immediately upon the adoption thereof.
(2)No other proceedings or procedure of any character whatever shall be required for the issuance of refunding bonds by the municipality.
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Montana § 7-7-4621 (Resolution For Issuance Of Refunding Revenue Bonds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 4, Ch. 121, L. 1937; R.C.M. 1947, 79-1904.
Nearby Sections
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§ 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Repealed§ 7-7-102
Repealed§ 7-7-103
Repealed§ 7-7-109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