Montana Constitution, Article VIII, Section 8. State debt.

Montana Code Annotated 1999

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Constitution of Montana -- Article VIII -- REVENUE AND FINANCE


     Section 8. State debt. No state debt shall be created unless authorized by a two-thirds vote of the members of each house of the legislature or a majority of the electors voting thereon. No state debt shall be created to cover deficits incurred because appropriations exceeded anticipated revenue.

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