7-14-2530. Redemption of bonds authorized. (1) All bonds issued for a term longer than 5 years shall be redeemable, at the option of the county, 5 years after the date of issue and on any payment due date thereafter before maturity.
(2) This statement shall appear on the face of each bond.
History: En. Sec. 7-305, Ch. 197, L. 1965; amd. Sec. 30, Ch. 234, L. 1971; amd. Sec. 125, Ch. 316, L. 1974; R.C.M. 1947, 32-3805(3).
Structure Montana Code Annotated
Part 25. Financial Management of County Roads and Bridges
7-14-2501. General road tax authorized
7-14-2502. Special bridge tax authorized -- combined ferry and bridge fund
7-14-2503. Special municipal bridge tax authorized
7-14-2506. County road and bridge capital improvement fund
7-14-2507. Renumbered 7-14-110
7-14-2508. through 7-14-2510 reserved
7-14-2511. Creation of county motor vehicle fund
7-14-2512. City and county road funds
7-14-2513. Use of county road fund
7-14-2514. Limit on expenditures for road district
7-14-2515. through 7-14-2519 reserved
7-14-2520. Authorization of road and highway bonds
7-14-2521. Bond financing for county bridges authorized
7-14-2522. County bridge bonds authorized
7-14-2523. Term of county bridge bonds
7-14-2524. Limitation on amount of bonds issued
7-14-2525. Refunding agreements and refunding bonds authorized
7-14-2526. Choice of form of bonds
7-14-2529. Payment of interest