Montana Code Annotated 2023

TITLE 85. WATER USE

CHAPTER 7. IRRIGATION DISTRICTS

Part 14. Irrigation District Revenue Bond Act

Security Interest In Undertaking

85-7-1434. Security interest in undertaking. The issuer may, pursuant to a mortgage, trust indenture, or security agreement, grant a security interest in the real and personal property constituting the undertaking itself.

History: En. Sec. 16, Ch. 193, L. 1987.