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    • Legislation USA
    • Montana Code Annotated
    • Title 17. State Finance
    • Chapter 5. Public Bond Issues
    • Part 9. Highway Revenue Bonds
    • 17-5-929. Pledge of the state

    Montana Code Annotated
    Part 9. Highway Revenue Bonds
    17-5-929. Pledge of the state

    17-5-929. 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 under this part.
    History: En. Sec. 16, Ch. 557, L. 1983.

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    Structure Montana Code Annotated

    Montana Code Annotated

    Title 17. State Finance

    Chapter 5. Public Bond Issues

    Part 9. Highway Revenue Bonds

    17-5-901. Short title

    17-5-902. Purpose

    17-5-903. Definitions

    17-5-904. through 17-5-910 reserved

    17-5-911. Highway revenue bond debt service account -- deposit of bond proceeds

    17-5-912. Pledge of highway revenues

    17-5-913. Authority to issue highway revenue bonds

    17-5-914. Continuation of taxes -- limit on additional highway revenue bonds

    17-5-915. through 17-5-920 reserved

    17-5-921. Bond anticipation notes -- issued when -- payment of principal and interest

    17-5-922. Form -- principal and interest -- fiscal agent -- bonds authorized

    17-5-923. Trust indenture

    17-5-924. Provisions for protecting bondholders

    17-5-925. Personal liability -- suit to compel performance

    17-5-926. Negotiability of bonds

    17-5-927. Signatures of board members

    17-5-928. Refunding obligations

    17-5-929. Pledge of the state

    17-5-930. Tax exemption of bonds -- legal investments

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