7-14-1637. Debt service fund. An authority may create a debt service fund and accumulate in the fund a sum determined by the directors, together with the interest on the sum, for the use, repair, maintenance, and capital outlay expenses of a railroad.
History: En. Sec. 17, Ch. 333, L. 1993.
Structure Montana Code Annotated
7-14-1602. Purpose -- public and governmental functions
7-14-1603. through 7-14-1610 reserved
7-14-1611. Resolution of intention to create rail authority
7-14-1612. Notice of resolution -- hearing
7-14-1613. County rail authority
7-14-1614. through 7-14-1620 reserved
7-14-1621. Regional rail authority
7-14-1623. Cooperation of county
7-14-1624. General powers of authority
7-14-1625. Railroad acquisition and operation -- permits -- eminent domain
7-14-1626. through 7-14-1630 reserved
7-14-1632. Mill levy authorized
7-14-1633. Election required to impose mill levy
7-14-1634. Collection of tax and disposition of funds
7-14-1635. Contracts for operation and use of facilities