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.
Authority To Issue Revenue Bonds
Mont. Code Ann. § 60-11-119, under General Provisions.
Mont. Code Ann. § 60-11-119