Montana § 7-7-4624 Use Of Fiscal Agent

Montana Statutes

§ 7-7-4624 — Use Of Fiscal Agent

Montana·Title 7 LOCAL GOVERNMENT·Ch. 7 DEBT MANAGEMENT·Part 46 Municipal Refunding Revenue Bonds Option 2

7-7-4624 . Use of fiscal agent. Any municipality shall have power, in connection with the issuance of refunding bonds:

(1)to appoint a fiscal agent;

(2)to provide for the powers, duties, and functions and compensation of such fiscal agent;

(3)to limit the liabilities of such fiscal agent;

(4)to prescribe a method for the resignation, removal, merger, or consolidation of such fiscal agent and the appointment of a successor fiscal agent and the transfer of rights and properties to such successor fiscal agent.

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7-7-4624 . Use of fiscal agent. Any municipality shall have power, in connection with the issuance of refunding bonds:
(1) to appoint a fiscal agent;
(2) to provide for the powers, duties, and functions and compensation of such fiscal agent;
(3) to limit the liabilities of such fiscal agent;
(4) to prescribe a method for the resignation, removal, merger, or consolidation of such fiscal agent and the appointment of a successor fiscal agent and the transfer of rights and properties to such successor fiscal agent.

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