Montana Statutes
§ 90-7-204 — Agent Of The Authority
Montana·Title 90 PLANNING, RESEARCH, AND DEVELOPMENT·Ch. 7 FACILITY FINANCE AUTHORITY·Part 2 Authority Administration, Powers, and Limitations
90-7-204 . Agent of the authority. The authority may designate a participating institution as its agent for determining the location and character of an eligible facility undertaken by that institution under the provisions of this chapter. As agent, the institution may acquire, construct, reconstruct, renovate, replace, improve, maintain, repair, operate, lease, as lessee or lessor, and enter into contracts for any and all such purposes, including contracts for the management and operation of the facility.
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Legislative History
En. Sec. 11, Ch. 703, L. 1983; amd. Sec. 6, Ch. 477, L. 1997.
Nearby Sections
15
§ 90-7-101
Short Title§ 90-7-102
Definitions§ 90-7-103
Allowable Costs§ 90-7-104
Eligible Facility§ 90-7-105
Through 90-7-110 Reserved§ 90-7-113
Bonds As Legal Investment§ 90-7-114
And 90-7-115 Reserved§ 90-7-117
Through 90-7-120 Reserved§ 90-7-121
Biennial Audit§ 90-7-202
Powers Of Authority§ 90-7-203
Staff Of Authority