Montana Code Annotated 2023

TITLE 17. STATE FINANCE

CHAPTER 5. PUBLIC BOND ISSUES

Part 7. Coal Severance Tax Bonds -- Water Development

Pledge Of The State

17-5-717. Pledge of the state. In accordance with the constitutions of the United States and the state of Montana, the state pledges that it will not in any way impair the obligations of any agreement between the state and the holders of notes and bonds issued by the state.

History: En. Sec. 40, Ch. 505, L. 1981.