7-7-4624. Use of fiscal agent. Any municipality shall have power, in connection with the issuance of refunding bonds:
(1) to appoint a fiscal agent;
(2) to provide for the powers, duties, and functions and compensation of such fiscal agent;
(3) to limit the liabilities of such fiscal agent;
(4) to prescribe a method for the resignation, removal, merger, or consolidation of such fiscal agent and the appointment of a successor fiscal agent and the transfer of rights and properties to such successor fiscal agent.
History: En. Sec. 11, Ch. 121, L. 1937; R.C.M. 1947, 79-1911.
Structure Montana Code Annotated
Part 46. Municipal Refunding Revenue Bonds Option 2
7-7-4604. Interpretation of part
7-7-4605. Authorization for refinancing and refunding revenue bonds
7-7-4606. Nature of refunding revenue bonds
7-7-4607. Exemption from certain taxes for refunding revenue bonds
7-7-4608. Refunding revenue bonds to be fully negotiable
7-7-4609. Presumptions of validity of refunding revenue bonds
7-7-4610. Details relating to refunding revenue bonds
7-7-4611. through 7-7-4620 reserved
7-7-4621. Resolution for issuance of refunding revenue bonds
7-7-4622. Permissible covenants for refunding revenue bonds
7-7-4623. Security for refunding revenue bonds
7-7-4625. Sale or exchange of refunding revenue bonds
7-7-4626. Details relating to sales of refunding revenue bonds
7-7-4627. Details relating to exchanges of refunding revenue bonds
7-7-4629. Management of enterprise
7-7-4630. Right to receivership upon default
7-7-4632. Procedure to return enterprise from receiver to municipality