Montana Statutes

§ 85-7-2041 — Bankruptcy Proceedings By Irrigation Districts

Montana § 85-7-2041
JurisdictionMontana
Title 85WATER USE
Ch. 7IRRIGATION DISTRICTS
Part 20Indebtedness, Bonds, and Bankruptcy

This text of Montana § 85-7-2041 (Bankruptcy Proceedings By Irrigation Districts) 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. § 85-7-2041 (2026).

Text

85-7-2041 . Bankruptcy proceedings by irrigation districts.

(1)The board of commissioners or directors of any irrigation district may, in the name and on behalf of such district, initiate and carry out proceedings for readjustment of the debts of such district, under Chapter IX of the federal Bankruptcy Act or similar provisions of any past or future federal bankruptcy act.
(2)This section is remedial in its nature and shall be liberally construed to effect its purpose, which is to permit irrigation districts to readjust their debts under federal bankruptcy acts and to confer upon the board of commissioners or directors thereof every power necessary therefor or reasonably incidental thereto.

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Legislative History

En. Secs. 1, 2, Ch. 110, L. 1939; R.C.M. 1947, 89-1903(part), 89-1904.

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Bluebook (online)
Montana § 85-7-2041, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/7/85-7-2041.