Montana Statutes

§ 85-7-1435 — Details Relating To Revenue Bonds

Montana·Title 85 WATER USE·Ch. 7 IRRIGATION DISTRICTS·Part 14 Irrigation District Revenue Bond Act
85-7-1435 . Details relating to revenue bonds. Bonds authorized to be issued under this part shall bear interest at a rate not exceeding the limitation of 17-5-102 , payable semiannually, and may be in one or more series; bear such date or dates; mature at such time or times, not exceeding 40 years from their respective dates of issuance; be payable in such place or places; carry such registration privileges; be subject to such terms of redemption; be executed in such manner; contain such terms, covenants, and conditions; and be in such form, either coupon or registered, as the resolution or subsequent resolutions may provide.

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Legislative History

En. Sec. 17, Ch. 193, L. 1987.

Nearby Sections

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