90-4-1220. Interim receipts or certificates. Pending the preparation of the definitive bonds, interim receipts or certificates, in a form and with provisions as the governing authority may determine, may be issued to the purchaser or purchasers of bonds sold pursuant to this part. The bonds and interim receipts or certificates are fully negotiable as provided in the Uniform Commercial Code.
History: En. Sec. 15, Ch. 378, L. 2007.
Structure Montana Code Annotated
Title 90. Planning, Research, and Development
Chapter 4. Energy Development and Conservation
Part 12. Montana Clean Renewable Energy Bond Act
90-4-1203. Authority to acquire, construct, and operate projects
90-4-1204. Cooperation among governmental bodies
90-4-1205. Authority to issue revenue bonds
90-4-1206. Determination of cost
90-4-1207. Nature of revenue bonds
90-4-1208. Authority to issue other bonds
90-4-1209. Use of revenue from project
90-4-1210. Covenants in resolution of authorizing issuance of bonds
90-4-1211. through 90-4-1215 reserved
90-4-1217. Presumptions of validity of bonds
90-4-1218. Liens arising from bonds or contracts -- mortgages
90-4-1220. Interim receipts or certificates
90-4-1221. Requirements prior to project construction
90-4-1222. Prohibition on construction, ownership, and operation of powerlines