7-7-4626. Details relating to sales of refunding revenue bonds. If the governing body determines to sell any refunding bonds, the refunding bonds may not be sold at less than 97% of the face value and must be sold at public or private sale and in a manner and upon terms that the governing body considers best for the interests of the municipality.
History: En. Sec. 7, Ch. 121, L. 1937; R.C.M. 1947, 79-1907(3); amd. Sec. 7, Ch. 459, L. 1997.
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