Montana Code Annotated 2019

TITLE 20. EDUCATION

CHAPTER 26. STUDENT FINANCIAL ASSISTANCE

Part 11. Guaranteed Student Loan Program

No State Obligation

20-26-1106. No state obligation. The legislature is not obligated to appropriate any money to pay for student loan defaults. For the purpose of the student loan program, neither the board nor the agency may obligate the credit of the state.

History: En. Sec. 8, Ch. 691, L. 1979; amd. Sec. 13, Ch. 243, L. 1997.