7-7-104. Limitation on action to test bond validity. A local government general obligation bond of any issue may not be held invalid because of any defect or failure to comply with a statutory provision relating to the authorization, issuance, or sale of the bonds unless an action to contest the validity of the bonds is brought within 30 days after the date of the adoption of the resolution calling for the sale of bonds of the local government.
History: En. Sec. 3, Ch. 139, L. 1939; R.C.M. 1947, 82-412; amd. Sec. 4, Ch. 248, L. 1979; amd. Sec. 1, Ch. 451, L. 2005; amd. Sec. 1, Ch. 94, L. 2007.
Structure Montana Code Annotated
Part 1. General Provisions Related to Local Governments
7-7-104. Limitation on action to test bond validity
7-7-105. Challenges to local government bond elections
7-7-106. Hearing and determination on challenge
7-7-107. Limitation on amount of bonds for city-county consolidated units
7-7-108. Authorization for additional indebtedness for water or sewer systems
7-7-110. Authorization of bonds
7-7-111. through 7-7-120 reserved
7-7-121. Misconduct in relation to bond funds
7-7-122. Prosecution for misconduct
7-7-123. Investment of sinking funds of local governments
7-7-124. Limitation on investment of sinking funds
7-7-125. through 7-7-130 reserved
7-7-131. Bankruptcy -- definitions
7-7-132. Procedure to declare bankruptcy
7-7-133. Power to comply with court decrees related to bankruptcy
7-7-134. Role of state and state agencies in relation to bankruptcy
7-7-135. through 7-7-139 reserved
7-7-140. Recovery zone economic development bonds and recovery zone facility bonds