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Montana Title 75. Environmental Protection § 75-6-227. Creation of debt

Current as of January 01, 2024 | Updated by Findlaw Staff

The legislature, through enactment of this section, authorizes the creation of state debt in an amount not to exceed $50 million in principal amount of general obligation bonds outstanding from time to time for the purpose of:

(1) funding the drinking water program; and

(2) funding portions of loans on an interim basis pending receipt of:

(a) grant payments from the environmental protection agency for which federal legislation appropriating the proceeds of the grants has been enacted; or

(b) other revenue for the program.

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Cite this article: FindLaw.com - Montana Title 75. Environmental Protection § 75-6-227. Creation of debt - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-75-environmental-protection/mt-st-75-6-227/

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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