Montana Title 7. Local Government § 7-31-112. Details relating to bonds

(a) bear the date of their issuance;

(b) be designated as sanitary coupon bonds of the county, city, or town issuing the bonds;

(c) be of a denomination not less than $500 or more than $1,000 each;

(d) be payable at a place in the discretion of the board or council issuing the bonds;

(e) bear interest as provided in 17-5-102, payable 30 years after the date of issuance, with the privilege of paying the interest at any time after 5 years from that date. The interest is payable semiannually at the place where the principal is payable, and interest coupons must be attached to the bonds.