Montana Statutes

§ 7-8-2606 — Bond To Insure Performance Of Agreement

Montana·Title 7 LOCAL GOVERNMENT·Ch. 8 ACQUISITION, TRANSFER, AND MANAGEMENT OF PROPERTY AND BUILDINGS·Part 26 County Forests
7-8-2606 . Bond to insure performance of agreement. As a guarantee for the faithful performance of the agreement, the purchaser shall be required to furnish a bond, with sufficient securities, to the county in an amount equal to at least 20% of the estimated value of the timber sold.

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Legislative History

En. Sec. 3, Ch. 70, L. 1945; R.C.M. 1947, 28-503(part).

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