17-5-717. Pledge of the state. In accordance with the constitutions of the United States and the state of Montana, the state pledges that it will not in any way impair the obligations of any agreement between the state and the holders of notes and bonds issued by the state.
History: En. Sec. 40, Ch. 505, L. 1981.
Structure Montana Code Annotated
Part 7. Coal Severance Tax Bonds -- Water Development
17-5-701. State of Montana coal severance tax bonds
17-5-703. Coal severance tax trust funds
17-5-705. Pledge of coal severance tax bond fund
17-5-706. Authority to issue coal severance tax bonds
17-5-707. Board of examiners to issue bonds
17-5-708. Special fund revenues
17-5-709. Continued tax deposit limit on additional bonds
17-5-710. Form -- principal and interest -- fiscal agent -- deposit of proceeds
17-5-712. Provisions for protecting bondholders
17-5-713. Personal liability -- suit to compel performance
17-5-714. Negotiability of bonds
17-5-715. Signatures of board members
17-5-716. Refunding obligations
17-5-718. Tax exemption of bonds -- legal investments
17-5-719. Limitation on amount of coal severance tax bonds issued
17-5-720. Authorization to issue revenue bonds
17-5-721. Authorization to issue revenue bonds
17-5-722. through 17-5-730 reserved
17-5-731. Bond anticipation notes -- when issued -- payment of principal and interest