Montana Code Annotated
Part 4. School Bonds
20-9-426. Preparation and form of ballots for bond election

20-9-426. Preparation and form of ballots for bond election. (1) The school district shall cause ballots to be prepared for all bond elections.
(2) All ballots must be substantially in the following form:
OFFICIAL BALLOTSCHOOL DISTRICT BOND ELECTION
INSTRUCTIONS TO VOTERS: Make an X or similar mark in the vacant square before the words "BONDS--YES" if you wish to vote for the bond issue; if you are opposed to the bond issue, make an X or similar mark in the square before the words "BONDS--NO".
Shall the board of trustees be authorized to issue and sell (state type of bonds here: general obligation, oil and natural gas revenue, oil and natural gas revenue for which a tax deficiency is pledged, or impact aid revenue) bonds of this school district in the amount of ............ dollars ($ ..........), payable semiannually, during a period not more than ...... years, for the purpose ............................. (here state the purpose the same way as in the notice of election)?
☐ BONDS -- YES.
☐ BONDS -- NO.
History: En. 75-7115 by Sec. 316, Ch. 5, L. 1971; amd. Sec. 39, Ch. 234, L. 1971; R.C.M. 1947, 75-7115; amd. Sec. 12, Ch. 500, L. 1981; amd. Sec. 1, Ch. 11, L. 1983; amd. Sec. 2, Ch. 144, L. 1997; amd. Sec. 7, Ch. 492, L. 2003; amd. Sec. 6, Ch. 271, L. 2011; amd. Sec. 21, Ch. 400, L. 2013; amd. Sec. 209, Ch. 49, L. 2015.

Structure Montana Code Annotated

Montana Code Annotated

Title 20. Education

Chapter 9. Finance

Part 4. School Bonds

20-9-401. Applicable laws for school district bonding

20-9-402. Definition of school district for bonding purposes

20-9-403. Bond issues for certain purposes

20-9-404. Contracts and bonds for joint construction

20-9-405. Proportional joint ownership -- disposition of money

20-9-406. Limitations on amount of bond issue -- definition of federal impact aid basic support payment -- oil and natural gas payment

20-9-407. Industrial facility agreement for bond issue in excess of maximum

20-9-408. Definition of forms of bonds

20-9-409. Repealed

20-9-410. Limitation of term and interest -- timing for redemption

20-9-411. Dates of issue and payments

20-9-412. Issuance of refunding bonds without election

20-9-413. through 20-9-420 reserved

20-9-421. Election to authorize the issuance of school district bonds and the methods of introduction

20-9-422. Additional requirements for trustees' resolution calling bond election

20-9-423. Form, contents, and circularization of petition proposing school district bond election

20-9-424. Validation of petition -- election administrator's certificate

20-9-425. Trustees' consideration of validated petition proposing bond election

20-9-426. Preparation and form of ballots for bond election

20-9-427. Notice of bond election by separate purpose

20-9-428. Determination of approval or rejection of proposition at bond election

20-9-429. Trustees' resolution to issue school district bonds pursuant to public sale

20-9-430. Sale of school district bonds and notice of public sale

20-9-431. Publication of notice of sale of school district bonds

20-9-432. Sale of school district bonds

20-9-433. Form and execution of school district bonds

20-9-434. Registration of school district bonds by county treasurer and copy for preservation

20-9-435. Delivery of school district bonds and disposition of sale money

20-9-436. County attorney to assist in proceedings

20-9-437. School district liable on bonds

20-9-438. Preparation of general obligation debt service fund budget -- operating reserve

20-9-439. Computation of net levy requirement for general obligation bonds -- procedure when levy inadequate

20-9-440. Payment of debt service obligations -- termination of interest

20-9-441. Redemption of bonds -- investment of debt service fund money

20-9-442. Entries of payments and notification of school district

20-9-443. Disposition of remaining debt service fund

20-9-444. Liability of officers for failure to provide fund for payment of bonds

20-9-445. Liability for misuse of bond payment fund

20-9-446. Duty of county attorney to prosecute

20-9-447. through 20-9-450 reserved

20-9-451. Repealed

20-9-452. Repealed

20-9-453. Repealed

20-9-454. Repealed

20-9-455. Repealed

20-9-456. Repealed

20-9-457. through 20-9-460 reserved

20-9-461. Purpose

20-9-462. Repealed

20-9-463. Repealed

20-9-464. Statute of limitations -- action to test validity

20-9-465. Action to restrain bond issue -- time for bringing

20-9-466. Repealed

20-9-467. Repealed

20-9-468. through 20-9-470 reserved

20-9-471. Issuance of obligations -- authorization -- conditions

20-9-472. Security for impact aid revenue bonds -- agreement of state

20-9-473. Security for oil and natural gas revenue bonds

20-9-474. Oil and natural gas revenue bond debt service reserve account