Montana Code Annotated 2019

TITLE 60. HIGHWAYS AND TRANSPORTATION

CHAPTER 11. RAIL TRANSPORTATION

Part 1. General Provisions

Authority To Issue Revenue Bonds

60-11-119. Authority to issue revenue bonds. The board may issue and sell essential freight rail revenue bonds to make loans to finance the cost of projects, to pay the costs of issuing the bonds, and to provide for reserves, upon recommendation of the department. The bonds must be issued under Title 17, chapter 5, part 15.

History: En. Sec. 9, Ch. 602, L. 2005.