90-7-320. Loans -- purchase of bonds and notes. Subject to the provisions of Title 17, chapter 6, the board of investments may, upon terms and conditions as the board considers reasonable:
(1) loan money to the authority for deposit in the capital reserve account; and
(2) purchase bonds and notes issued by the authority.
History: En. Sec. 5, Ch. 673, L. 1991.
Structure Montana Code Annotated
Title 90. Planning, Research, and Development
Chapter 7. Facility Finance Authority
90-7-302. Bonds and notes of authority
90-7-303. Procedure for issuance of bonds
90-7-304. Security of bondholders
90-7-305. Trust agreement to secure bonds
90-7-308. through 90-7-310 reserved
90-7-311. Pledge of state not to impair -- to administer
90-7-312. Pledge of revenue, money, or property -- validity
90-7-313. through 90-7-316 reserved
90-7-317. Capital reserve account
90-7-318. Administration of capital reserve account