17-5-104. Effect of revisions on bonds previously authorized. If prior to April 23, 1981, a political subdivision was authorized to issue bonds pursuant to a law that limited the rate of interest on the bonds, it may issue all of the bonds so authorized under the provisions of 17-5-102 even if the rate of interest on the bonds exceeds the maximum rate permissible prior to April 23, 1981.
History: En. Sec. 17, Ch. 500, L. 1981; amd. Sec. 1, Ch. 11, L. 1983.
Structure Montana Code Annotated
Part 1. Rates of Interest -- Notice
17-5-102. Rate of interest on bonds to be determined by governing bodies
17-5-103. Rate of interest on special assessments determined by governing bodies -- limitations
17-5-104. Effect of revisions on bonds previously authorized
17-5-105. Redemption of bonds -- optional method
17-5-106. Notice of public bond sale
17-5-107. Public or private sale -- procedure for public sale
17-5-108. through 17-5-110 reserved
17-5-111. Electronic submission of bids
17-5-112. through 17-5-115 reserved
17-5-116. Allocation of bonding limits -- American Recovery and Reinvestment Act of 2009