Montana Title 17. State Finance § 17-5-101. Definitions

(1) “Bonds” include bonds, notes, warrants, debentures, certificates of indebtedness, temporary bonds, temporary notes, interim receipts, interim certificates, and all instruments or obligations evidencing or representing indebtedness, evidencing or representing the borrowing of money, or evidencing or representing a charge, lien, or encumbrance on specific revenues, special assessments, income, or property of a political subdivision, including all instruments or obligations payable from a special fund.

(2) “Governing body” means the board, council, commission, or other body charged with the general control of the issuance of bonds of a political subdivision.