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Current as of January 01, 2024 | Updated by Findlaw Staff
If the principal amount of clean renewable energy bonds, as limited by the Internal Revenue Code, is insufficient to finance all costs of a project as determined pursuant to 90-4-1206, the governmental body may issue bonds to finance those costs and the costs of issuance of those bonds as:
(1) additional revenue bonds pursuant to 90-4-1205;
(2) obligations under 7-7-4104; or
(3) general obligations of a governmental body, provided that the issuance of the bonds are submitted to the electors of the governmental body as required by law.
Cite this article: FindLaw.com - Montana Title 90. Planning, Research, and Development § 90-4-1208. Authority to issue other bonds - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-90-planning-research-and-development/mt-st-90-4-1208/
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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