Montana Code Annotated
Part 1. Financing of Housing
90-6-121. Refunding obligations -- issuance

90-6-121. Refunding obligations -- issuance. The board may provide for the issuance of refunding obligations for refunding any obligations then outstanding which have been issued under this part, including the payment of any redemption premium and any interest accrued or to accrue to the date of redemption of the obligations. The issuance of obligations, the maturities and other details, the rights of the holders, and the rights, duties, and obligations of the board are governed by the appropriate provisions of this part which relate to the issuance of obligations.
History: En. 35-518 by Sec. 19, Ch. 461, L. 1975; R.C.M. 1947, 35-518.

Structure Montana Code Annotated

Montana Code Annotated

Title 90. Planning, Research, and Development

Chapter 6. Community Impact -- Planning and Abatement

Part 1. Financing of Housing

90-6-101. Short title

90-6-102. Legislative declaration

90-6-103. Definitions

90-6-104. General powers of the board

90-6-105. Meetings and acts of the board

90-6-106. Adoption of rules

90-6-107. Deposit and expenditure of funds

90-6-108. Financing programs of the board

90-6-109. Procedure prior to financing of housing developments

90-6-110. Supervision of housing sponsors

90-6-111. Bonds and notes

90-6-112. Provision of bond resolutions

90-6-113. Validity of pledge

90-6-114. Personal liability

90-6-115. Purchase of notes and bonds -- cancellation

90-6-116. Trust indenture

90-6-117. Negotiability of bonds

90-6-118. Signatures of board members

90-6-119. Reserve funds and appropriations

90-6-120. Maintenance of capital reserve account

90-6-121. Refunding obligations -- issuance

90-6-122. Refunding obligations -- sale

90-6-123. Credit of state not pledged

90-6-124. Annual audit

90-6-125. Tax exemption of bonds

90-6-126. Pledge of the state

90-6-127. Allocation of state limit

90-6-128. through 90-6-130 reserved

90-6-131. Legislative declaration

90-6-132. Definitions

90-6-133. Housing Montana fund -- administration

90-6-134. Housing Montana fund -- loan capital restricted to interest on principal -- eligible applicants

90-6-135. Coordination with other programs

90-6-136. Administrative rules

90-6-137. Alternate funding source for housing loans -- use of coal tax trust fund money