85-7-1003. Contents of petition. The petition of 85-7-1002 shall set forth the amount of the outstanding bonds, coupons, and other indebtedness, if any, together with the general description of them, showing the amount of each described indebtedness and the ownership, so far as known, of the indebtedness. The petition shall also state the assets of the district, including any irrigation systems, dams, reservoirs, canals, franchises, water rights, and other property; and in case any proposition has been made by the holders of the indebtedness to settle the indebtedness, this proposition, together with any plan proposed to carry the proposition into execution, shall be included in the petition.
History: En. Sec. 2, Ch. 60, L. 1933; re-en. Sec. 7253.2, R.C.M. 1935; amd. Sec. 37, Ch. 460, L. 1977; R.C.M. 1947, 89-2003.
Structure Montana Code Annotated
Chapter 7. Irrigation Districts
Part 10. Dissolution of Districts
85-7-1001. Proceedings for dissolution of district
85-7-1002. Dissolution of districts having incurred indebtedness
85-7-1003. Contents of petition
85-7-1004. Use of corporation to carry out dissolution plan
85-7-1005. Hearing on petition, notice, and order
85-7-1006. Court's authority at hearing