Montana § 20-9-421 Election To Authorize The Issuance Of School District Bonds And The Methods Of Introduction

Montana Statutes

§ 20-9-421 — Election To Authorize The Issuance Of School District Bonds And The Methods Of Introduction

Montana·Title 20 EDUCATION·Ch. 9 FINANCE·Part 4 School Bonds

20-9-421 . Election to authorize the issuance of school district bonds and the methods of introduction. A school district may not issue bonds for any purpose other than that provided in 15-1-402 , 20-9-412 , and 20-9-471 unless the issuance of bonds has been authorized by the qualified electors of the school district at an election called for the purpose of considering a proposition to issue the bonds. A school district bond election must be called by a resolution as prescribed under the provisions of 20-20-201 when:

(1)the trustees, of their own volition, adopt a resolution to that effect; or

(2)the trustees have received a petition that asks for an election to be held to consider a bond proposition and that has been validated under the provisions of 20-9-425 .

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20-9-421 . Election to authorize the issuance of school district bonds and the methods of introduction. A school district may not issue bonds for any purpose other than that provided in 15-1-402 , 20-9-412 , and 20-9-471 unless the issuance of bonds has been authorized by the qualified electors of the school district at an election called for the purpose of considering a proposition to issue the bonds. A school district bond election must be called by a resolution as prescribed under the provisions of 20-20-201 when:
(1) the trustees, of their own volition, adopt a resolution to that effect; or
(2) the trustees have received a petition that asks for an election to be held to consider a bond proposition and that has been validated under the provisions of 20-9-425 .

Montana § 20-9-421 (Election To Authorize The Issuance Of School District Bonds And The Methods Of Introduction) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.