Montana § 85-7-1412 Joint Undertakings

Montana Statutes

§ 85-7-1412 — Joint Undertakings

Montana § 85-7-1412

Title 85WATER USE

Ch. 7IRRIGATION DISTRICTS

Part 14Irrigation District Revenue Bond Act

This text of Montana § 85-7-1412 (Joint Undertakings) 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. § 85-7-1412 (2026).

Text

85-7-1412 . Joint undertakings. Irrigation districts, through their respective boards of commissioners, may enter into contracts to jointly plan, acquire, construct, operate, maintain, and finance any undertaking in accordance with Title 85, chapter 7, part 16. The contract must specify, if an undertaking is financed under this part:

(1)that the contract cannot be terminated prior to the redemption or cancellation of any bonds issued under it; and

(2)the manner of disposing of the undertaking upon termination of the contract.

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85-7-1412 . Joint undertakings. Irrigation districts, through their respective boards of commissioners, may enter into contracts to jointly plan, acquire, construct, operate, maintain, and finance any undertaking in accordance with Title 85, chapter 7, part 16. The contract must specify, if an undertaking is financed under this part:
(1) that the contract cannot be terminated prior to the redemption or cancellation of any bonds issued under it; and
(2) the manner of disposing of the undertaking upon termination of the contract.