7-14-1135. Debt service fund. A port authority may create a debt service fund and accumulate therein a sum determined by the governing body, together with interest thereon, for the use, repairs, maintenance, and capital outlays of a port.
History: En. Sec. 15, Ch. 456, L. 1985.
Structure Montana Code Annotated
7-14-1101. Local port authority
7-14-1102. Regional port authority
7-14-1104. Purpose -- public and governmental functions
7-14-1105. Cooperation of county or municipality
7-14-1106. Election of local port authority commissioners
7-14-1107. through 7-14-1110 reserved
7-14-1111. General powers of authority
7-14-1113. through 7-14-1120 reserved
7-14-1121. Supplementary powers
7-14-1122. through 7-14-1124 reserved
7-14-1125. Granting of operation and use privileges
7-14-1126. Port property -- disposal
7-14-1127. through 7-14-1130 reserved
7-14-1133. Bonds and obligations
7-14-1134. Method of funding deficiency -- election required
7-14-1135. Debt service fund