Montana Code Annotated 2017

TITLE 7. LOCAL GOVERNMENT

CHAPTER 10. REGIONAL RESOURCE AUTHORITIES

Part 2. Project -- Funding

Sale Of Bonds

7-10-220. Sale of bonds. (1) Bonds authorized to be issued under this part may be sold at a public or private sale as determined by the governing body of the regional resource authority pursuant to 17-5-107 at a price not less than that prescribed by the governing body of the regional resource authority, plus interest to the date of delivery of the bonds.

(2) Unless sold at a private sale, the bonds must be sold at public sale after notice of the sale.

History: En. Sec. 21, Ch. 351, L. 2009; amd. Sec. 14, Ch. 253, L. 2011.