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Current as of January 01, 2024 | Updated by Findlaw Staff
(1) The board of directors shall fix a date on which an election is held in accordance with 13-1-504 for the purpose of authorizing the bonded indebtedness to be incurred.
(2) The board may order as many as two elections each year if:
(a) there are no bids within the amount of approved bonds;
(b) there is an emergency;
(c) a directive for a project is received from a government agency; or
(d) it is necessary to take advantage of the construction season.
Cite this article: FindLaw.com - Montana Title 7. Local Government § 7-13-2323. Election on question of incurring bonded indebtedness - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-7-local-government/mt-st-7-13-2323/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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