Montana Code Annotated
Title 80. Agriculture
Chapter 12. Montana Agricultural Loan Authority Act

Part 1. General

80-12-101. Short title - 80-12-101. Short title. This chapter may be cited as the...

80-12-102. Definitions - 80-12-102. Definitions. (1) As used in this chapter, the following...

80-12-103. Agricultural loan authority -- general powers - 80-12-103. Agricultural loan authority -- general powers. The authority may:...

80-12-104. Powers to be interpreted broadly - 80-12-104. Powers to be interpreted broadly. The powers enumerated in...

80-12-201. Loan agreements -- general provisions - 80-12-201. Loan agreements -- general provisions. (1) Each loan approved...

80-12-202. Immediate repayment - 80-12-202. Immediate repayment. If an applicant who has obtained the...

80-12-203. Qualifications of applicants - 80-12-203. Qualifications of applicants. (1) To be eligible for a...

80-12-204. Evaluation of applicants - 80-12-204. Evaluation of applicants. (1) The authority shall by rule...

80-12-205. Purchase of loans - 80-12-205. Purchase of loans. The authority may purchase loans and...

80-12-206. through 80-12-210 reserved - 80-12-206 through 80-12-210 reserved.

80-12-211. Income tax deduction for land sale to beginning farmers - 80-12-211. Income tax deduction for land sale to beginning farmers....

80-12-212. through 80-12-214 reserved - 80-12-212 through 80-12-214 reserved.

80-12-215. Loan guaranty program - 80-12-215. Loan guaranty program. (1) The authority may guarantee and...

80-12-216. Agricultural loan guaranty fund - 80-12-216. Agricultural loan guaranty fund. (1) The authority shall create...

80-12-301. Issuance of bonds -- credit of the state not pledged - 80-12-301. Issuance of bonds -- credit of the state not...

80-12-302. Provisions of bond resolutions or trust indentures - 80-12-302. Provisions of bond resolutions or trust indentures. A resolution...

80-12-303. Trust indenture - 80-12-303. Trust indenture. In the discretion of the authority, the...

80-12-304. Negotiability of bonds - 80-12-304. Negotiability of bonds. Bonds issued by the authority are...

80-12-305. Tax exemption of bonds - 80-12-305. Tax exemption of bonds. Bonds issued by the authority...

80-12-306. Purchase of bonds -- cancellation - 80-12-306. Purchase of bonds -- cancellation. The authority, subject to...

80-12-307. Pledge against impairment of contracts - 80-12-307. Pledge against impairment of contracts. In accordance with the...

80-12-308. Validity of pledge - 80-12-308. Validity of pledge. A pledge made by the authority...

80-12-309. Personal liability - 80-12-309. Personal liability. The authority members and department members are...

80-12-310. Continuing validity of authority members' signatures - 80-12-310. Continuing validity of authority members' signatures. If an authority...

80-12-311. Accounts of the authority - 80-12-311. Accounts of the authority. There is an agricultural loan...

80-12-312. Reserve funds and appropriations - 80-12-312. Reserve funds and appropriations. (1) The authority shall pay...

80-12-313. Refunding obligations -- sale - 80-12-313. Refunding obligations -- sale. Refunding obligations issued as provided...

80-12-314. Refunding obligations -- issuance - 80-12-314. Refunding obligations -- issuance. The authority may provide for...

Part 4. Oversight (Repealed)

80-12-401. Repealed - 80-12-401. Repealed. Sec. 1, Ch. 39, L. 1991. History: En....

80-12-402. Repealed - 80-12-402. Repealed. Sec. 56, Ch. 349, L. 1993. History: En....

80-12-403. Repealed - 80-12-403. Repealed. Sec. 56, Ch. 349, L. 1993. History: En....