Montana Code Annotated 1995

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     20-9-452. Purposes and petition for county high school bonds. (1) Any county where a county high school that has not been placed in a high school district is located may become indebted by the issuance of bonds for the purposes of:
     (a) purchasing or erecting a building or buildings for high school purposes;
     (b) remodeling, enlarging, or repairing a building or buildings for high school purposes;
     (c) purchasing equipment for high school purposes;
     (d) purchasing, erecting, or equipping a high school dormitory or gymnasium;
     (e) purchasing a suitable site or sites for such high school building; or
     (f) refunding or redeeming any outstanding bonds originally issued for any of the foregoing purposes.
     (2) In order to initiate any bonding proposition for the above purposes:
     (a) the trustees of a county high school may initiate and adopt a resolution in accordance with the provisions of 20-9-422 requesting the board of county commissioners to submit such bond proposition to the qualified electors of the county; or
     (b) a petition signed by not less than 20% of the electors of the county who are qualified under 20-20-301 may be presented to the trustees of the county high school. Such petition shall request the submission of a bond proposition to the qualified electors of the county and shall specify the purpose or purposes of the proposed bond issue and the amount of bonds to be issued. Such petition shall conform with the petition requirements prescribed in 20-9-423. If the trustees of the county high school approve a validated petition for a bond proposition, they shall request the board of county commissioners of the county to submit such bond proposition to the qualified electors of the county.

     History: En. 75-7134 by Sec. 335, Ch. 5, L. 1971; amd. Sec. 12, Ch. 83, L. 1971; R.C.M. 1947, 75-7134; amd. Sec. 1, Ch. 42, L. 1985.

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