Montana Statutes
§ 2-9-603 — Purchase
Montana·Title 2 GOVERNMENT STRUCTURE AND ADMINISTRATION·Ch. 9 LIABILITY EXPOSURE AND INSURANCE COVERAGE·Part 6 Bonds of State Officers and Employees
2-9-603 . Purchase.
(1)The department of administration shall purchase all surety bonds for state officers and employees.
(2)All bonds shall be purchased by competitive bid.
(3)Bonds purchased by the department of administration shall be executed by responsible insurance or surety companies admitted and authorized to execute surety bonds in this state.
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Legislative History
(1)En. Sec. 1, Ch. 177, L. 1965; amd. Sec. 98, Ch. 326, L. 1974; Sec. 6-105, R.C.M. 1947; (2)En. Sec. 2, Ch. 177, L. 1965; amd. Sec. 1, Ch. 326, L. 1974; Sec. 6-106, R.C.M. 1947; (3)En. Sec. 3, Ch. 177, L. 1965; amd. Sec. 98, Ch. 326, L. 1974; Sec. 6-107, R.C.M. 1947; R.C.M. 1947, 6-105(part), 6-106(part), 6-107.
Nearby Sections
15
§ 2-9-101
Definitions§ 2-9-104
Repealed§ 2-9-106
Repealed§ 2-9-107
Repealed§ 2-9-109
And 2-9-110 Reserved