Montana Code Annotated
Part 42. Municipal General Obligation Bonds
7-7-4225. Presentation of petition to city or town clerk -- clerk's certificate

7-7-4225. Presentation of petition to city or town clerk -- clerk's certificate. (1) The completed petition for an election on the bonds must be filed with the city or town clerk. The clerk shall, within 15 days, carefully examine the petition and the county records showing the qualifications of the petitioners and attach to the petition a certificate, under official signature.
(2) The certificate must set forth:
(a) the total number of persons who are registered electors;
(b) which and how many of the persons whose names are subscribed to the petition have all of the qualifications required of signers to the petition;
(c) whether the qualified signers constitute more or less than 20% of the registered electors of the city or town.
History: En. Sec. 6, Ch. 160, L. 1931; re-en. Sec. 5278.6, R.C.M. 1935; amd. Sec. 2, Ch. 108, L. 1937; amd. Sec. 2, Ch. 15, L. 1943; amd. Sec. 9, Ch. 158, L. 1971; amd. Sec. 2, Ch. 413, L. 1973; R.C.M. 1947, 11-2306(part); amd. Sec. 508, Ch. 61, L. 2007.

Structure Montana Code Annotated

Montana Code Annotated

Title 7. Local Government

Chapter 7. Debt Management

Part 42. Municipal General Obligation Bonds

7-7-4201. Limitation on amount of bonded indebtedness

7-7-4202. Special provisions relating to water and sewer systems

7-7-4203. What constitutes a single purpose

7-7-4204. Nature of general obligation bonds

7-7-4205. Term of general obligation bonds

7-7-4206. Redemption of bonds

7-7-4207. Repealed

7-7-4208. Types of general obligation bonds

7-7-4209. Amortization bonds

7-7-4210. Serial bonds

7-7-4211. Citizen bonds authorized

7-7-4212. Citizen bonds -- procedural requirements prior to issuance

7-7-4213. Citizen bonds -- procedure when issue not fully subscribed

7-7-4214. Zero-coupon and capital appreciation bonds

7-7-4215. through 7-7-4220 reserved

7-7-4221. Election on question of incurring indebtedness -- exception

7-7-4222. Election required for bond issue relating to water and sewer systems

7-7-4223. Procedure to call election on question of bonded indebtedness

7-7-4224. Petition to request election

7-7-4225. Presentation of petition to city or town clerk -- clerk's certificate

7-7-4226. Resolution to submit question of issuing bonds to voters

7-7-4227. Notice of election

7-7-4228. Repealed

7-7-4229. Repealed

7-7-4230. Repealed

7-7-4231. Repealed

7-7-4232. Repealed

7-7-4233. Repealed

7-7-4234. Repealed

7-7-4235. Percentage of electors required to authorize issuing of bonds

7-7-4236. Resolution to sell bonds pursuant to public sale

7-7-4237. through 7-7-4250 reserved

7-7-4251. Form of notice of sale of bonds

7-7-4252. Publication of notice of sale

7-7-4253. Repealed

7-7-4254. Procedure for sale of bonds

7-7-4255. Form and execution of bonds

7-7-4256. Printing of bonds

7-7-4257. Registration of bonds

7-7-4258. Copy of bond to be kept by city treasurer

7-7-4259. Delivery of bonds

7-7-4260. Disposition of sale proceeds

7-7-4261. Maintenance of accounts for bond issues

7-7-4262. Payment of principal and interest

7-7-4263. Interest on late payments of principal and interest

7-7-4264. Statement as to amount of principal and interest due and payable on bonds

7-7-4265. Tax levy for payment of bonds

7-7-4266. Procedure in case of insufficient tax levy -- individual liability of council members

7-7-4267. Repealed

7-7-4268. Redemption of bonds

7-7-4269. Order of redemption of bonds

7-7-4270. Authority to buy outstanding bonds

7-7-4271. Repealed

7-7-4272. Cancellation of bonds and coupons

7-7-4273. Cancellation of warrants and refunded general obligation bonds

7-7-4274. Closing of accounts and transfer of money to other funds

7-7-4275. Refunding of bond issue held by state by exchange for amortization bonds