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8 chapters · 413 sections in this title.
Mont. Code Ann. § 17-5-914 Continuation Of Taxes -- Limit On Additional Highway Revenue Bonds
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The legislature shall provide for the continued assessment, levy, collection, and deposit of highway revenues into the state special revenue fund for the credit of the department in amounts sufficient to pay, when due, the annual debt service charges on all outstanding highway re…
Mont. Code Ann. § 17-5-921 Bond Anticipation Notes -- Issued When -- Payment Of Principal And Interest
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(1) The board may, pending the issuance of bonds, issue temporary notes in anticipation of the proceeds to be derived from the sale of the bonds, which notes are designated as "bond anticipation notes". The proceeds of the sale of the bond anticipation notes must be used only for…
Mont. Code Ann. § 17-5-922 Form -- Principal And Interest -- Fiscal Agent -- Bonds Authorized
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(1) Each series of bonds may be issued by the board at public or private sale, in the denominations and form, whether payable to bearer or registered as to principal or both principal and interest, with provisions for the conversion or exchange, bearing interest at the rate or ra…
Mont. Code Ann. § 17-5-923 Trust Indenture
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In the discretion of the board, bonds issued under this part may be secured by a trust indenture by and between the board and a trustee, which may be any trust company or bank having the powers of a trust company inside or outside of the state. Each trust indenture or an executed…