Montana Code Annotated 2001
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Table of Contents

TITLE 17. STATE FINANCE
CHAPTER 5. PUBLIC BOND ISSUES


Part 16. Municipal Finance Consolidation Act

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17-5-1601. Short title.
17-5-1602. Policy and purpose.
17-5-1603. Liberal construction.
17-5-1604. Definitions.
17-5-1605. Board of investments to implement.
17-5-1606. Bonds, bond anticipation notes, and notes of the board.
17-5-1607. Participation voluntary.
17-5-1608. Limitations on amounts.
17-5-1609. Purchase of anticipation notes.
17-5-1610. Refunding obligations.
17-5-1611. Additional powers of the board.
17-5-1612 through 17-5-1620 reserved.
17-5-1621. Provisions of bond resolutions.
17-5-1622. Validity of pledge.
17-5-1623. Nonimpairment by state.
17-5-1624. Trust indenture.
17-5-1625. Presumption of validity.
17-5-1626. Signatures of board members.
17-5-1627. Negotiability of bonds or notes.
17-5-1628. Bonds or notes as legal investments.
17-5-1629. Tax exemption of bonds.
17-5-1630. Reserve fund.
17-5-1631. Additional funds and accounts.
17-5-1632 through 17-5-1640 reserved.
17-5-1641. Investment.
17-5-1642. Credit of state not pledged.
17-5-1643. Sale or exchange of securities.
17-5-1644. Care and custody of bonds purchased by the board.
17-5-1645. Insurance or guaranty.
17-5-1646. Default in payment.
17-5-1647. Powers and duties of trustee on default.
17-5-1648. Exemption from execution and sale.
17-5-1649. Annual audit.
17-5-1650. Annual report.
17-5-1651. Limitations on board's power.