The money in the coal severance tax bond fund is pledged to the payment of the principal and interest on all state of Montana coal severance tax bonds. All bonds issued after July 1, 1981, wherein the money in the coal severance tax bond fund is pledged for their retirement shall be called "state of Montana coal severance tax bonds".
Pledge Of Coal Severance Tax Bond Fund
Mont. Code Ann. § 17-5-705, under Coal Severance Tax Bonds -- Water Development.
Mont. Code Ann. § 17-5-705