7-10-220. Sale of bonds. (1) Bonds authorized to be issued under this part may be sold at a public or private sale as determined by the governing body of the regional resource authority pursuant to 17-5-107 at a price not less than that prescribed by the governing body of the regional resource authority, plus interest to the date of delivery of the bonds.
(2) Unless sold at a private sale, the bonds must be sold at public sale after notice of the sale.
History: En. Sec. 21, Ch. 351, L. 2009; amd. Sec. 14, Ch. 253, L. 2011.
Structure Montana Code Annotated
Chapter 10. Regional Resource Authorities
7-10-201. Regional resource authority projects -- definition
7-10-202. Role of state agencies
7-10-203. and 7-10-204 reserved
7-10-205. Authority to issue revenue bonds
7-10-206. Determination of cost
7-10-207. Nature of revenue bonds
7-10-208. Projects to be self-supporting
7-10-209. Use of revenue from project
7-10-210. through 7-10-214 reserved
7-10-215. Covenants in resolution authorizing issuance of bonds
7-10-217. Presumption of validity of bonds
7-10-218. Liens arising from bonds
7-10-219. Details relating to revenue bonds