90-7-320. Loans -- purchase of bonds and notes.

Montana Code Annotated 2005

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     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.

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