7-7-2312. Disposition of proceeds of refunding bonds. Whenever bonds are issued for the purpose of funding outstanding warrants or refunding outstanding bonds, it shall be the duty of the county treasurer to apply the proceeds derived from the sale of such bonds to the payment of such warrants or bonds to be so funded or refunded.
History: En. Sec. 31, Ch. 188, L. 1931; re-en. Sec. 4630.31, R.C.M. 1935; R.C.M. 1947, 16-2045(part).
Structure Montana Code Annotated
Part 23. County Refunding General Obligation Bonds
7-7-2301. Authority to issue refunding general obligation bonds
7-7-2302. Applicability of certain other bond provisions
7-7-2303. Term of refunding general obligation bonds
7-7-2304. Interest rate on refunding general obligation bonds
7-7-2305. through 7-7-2310 reserved
7-7-2311. Issuance of refunding general obligation bonds without election
7-7-2312. Disposition of proceeds of refunding bonds