Montana Statutes
§ 90-7-213 — Loan Limitation
Montana·Title 90 PLANNING, RESEARCH, AND DEVELOPMENT·Ch. 7 FACILITY FINANCE AUTHORITY·Part 2 Authority Administration, Powers, and Limitations
90-7-213 . Loan limitation. A loan made by the authority may not exceed the total cost of the eligible facility being financed as the cost is determined by the participating institution and approved by the authority.
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Legislative History
En. Sec. 10, Ch. 703, L. 1983; amd. Sec. 8, Ch. 477, L. 1997; amd. Sec. 6, Ch. 479, L. 1997; amd. Sec. 11, Ch. 137, L. 2001.
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