Mont. Code Ann. § 85-7-1436 – Sale of bonds | Midpage

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Montana Code Annotated

§ 85-7-1436

Mont. Code Ann. § 85-7-1436

Sale of bonds

En. Sec. 18, Ch. 193, L. 1987; amd. Sec. 25, Ch. 253, L. 2011.

(1) Bonds authorized to be issued may be sold at a price not less than 97% of face value if the issuer determines that the sale is in the best interests of the irrigation district.
(2) The bonds may be sold at public or private sale as determined by the irrigation district pursuant to 17-5-107.

History: En. Sec. 18, Ch. 193, L. 1987; amd. Sec. 25, Ch. 253, L. 2011.