75-6-328. Exemption from taxation. Bonds issued pursuant to this part and the interest on the bonds, together with all properties and facilities of the authority owned or used in connection with the water supply, wastewater transportation, or treatment system, and all the money, revenue, and other income of the authority derived from the water supply, wastewater transportation, or treatment system are exempt from all taxation by the state or any county, municipality, political subdivision, or agency of the state, county, or municipality.
History: En. Sec. 18, Ch. 498, L. 1999.
Structure Montana Code Annotated
Title 75. Environmental Protection
Chapter 6. Public Water Supplies, Distribution, and Treatment
Part 3. Regional Water and Wastewater Authority Act
75-6-303. Liberal construction
75-6-307. through 75-6-309 reserved
75-6-310. Declaration of authority organization -- when public body, corporate and politic
75-6-311. Governing body -- appointments -- terms of members -- voting rights
75-6-312. Meetings of governing body -- annual audit
75-6-313. Powers of governing body
75-6-314. through 75-6-319 reserved
75-6-321. Items included in cost of properties
75-6-323. Sinking fund for revenue bonds
75-6-325. Statutory mortgage lien
75-6-326. Rates, fees, and charges -- establishment and changes
75-6-327. Refunding revenue bonds