Montana § 85-7-1955 Liquidation Of Indebtedness With Federal Funds

Montana Statutes

§ 85-7-1955 — Liquidation Of Indebtedness With Federal Funds

Montana § 85-7-1955

Title 85WATER USE

Ch. 7IRRIGATION DISTRICTS

Part 19Operation of Districts

This text of Montana § 85-7-1955 (Liquidation Of Indebtedness With Federal Funds) 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. § 85-7-1955 (2026).

Text

85-7-1955 . Liquidation of indebtedness with federal funds. When money is provided by the United States for liquidating bonded indebtedness of any irrigation district, the county treasurer is authorized and empowered to cancel the district bonds so liquidated and surrender them to the United States, taking therefor a receipt signed by the secretary of the interior, which receipt shall be placed in the records of the county treasurer and shall be conclusive evidence of the cancellation and surrender of the district bonds.

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85-7-1955 . Liquidation of indebtedness with federal funds. When money is provided by the United States for liquidating bonded indebtedness of any irrigation district, the county treasurer is authorized and empowered to cancel the district bonds so liquidated and surrender them to the United States, taking therefor a receipt signed by the secretary of the interior, which receipt shall be placed in the records of the county treasurer and shall be conclusive evidence of the cancellation and surrender of the district bonds.