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Current as of January 01, 2024 | Updated by Findlaw Staff
Bonds may be issued without submitting the same to an election if the bonds are issued for the purpose of:
(1) refunding, paying, and redeeming optional, redeemable, or maturing bonds as set forth in 7-7-2301(1); and
(2) refunding any bonds for which the holders have agreed to accept less than the full amount of principal and interest in full payment and satisfaction as set forth in 7-7-2301(2).
Cite this article: FindLaw.com - Montana Title 7. Local Government § 7-7-2311. Issuance of refunding general obligation bonds without election - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-7-local-government/mt-st-7-7-2311/
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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