7-15-4323. Redemption of urban renewal bonds. Every municipality shall have power to redeem such bonds as have been issued pursuant to 7-15-4301 at the redemption price established therein or to purchase such bonds at less than redemption price. All such bonds so redeemed or purchased shall be canceled.
History: En. Sec. 7, Ch. 195, L. 1959; amd. Sec. 3, Ch. 210, L. 1969; R.C.M. 1947, 11-3907(part).
Structure Montana Code Annotated
Chapter 15. Housing and Construction
Part 43. Urban Renewal Continued
7-15-4302. Authorization to issue general obligation bonds
7-15-4303. Bonds to be fully negotiable
7-15-4304. Presumption of regularity of bond issuance
7-15-4305. Validity and sufficiency of signatures on bonds
7-15-4306. Bonds as legal investments
7-15-4307. Tax exemption for bonds
7-15-4308. through 7-15-4320 reserved
7-15-4321. Nature of urban renewal bonds
7-15-4322. Details relating to urban renewal bonds
7-15-4323. Redemption of urban renewal bonds
7-15-4324. Special bond provisions when tax increment financing is involved