1. MCA Contents
  2. TITLE 7
  3. CHAPTER 12
  4. Part 44
  5. 7-12-4429 Financial assistance from United States and state of Montana

Montana Code Annotated 2017

TITLE 7. LOCAL GOVERNMENT

CHAPTER 12. IMPROVEMENT DISTRICTS

Part 44. Special Provisions for Street Maintenance Districts

Financial Assistance From United States And State Of Montana

7-12-4429. Financial assistance from United States and state of Montana. Cities and towns are authorized to:

(1) enter into suitable agreements with the United States of America or the state of Montana for loans of money and for receiving financial assistance to do the work and improvements contemplated by 7-12-4405; and

(2) provide for the repayment of the loans by yearly payments from funds derived from districts created under 7-12-4402, apportioned over a period of time not exceeding 20 years.

History: En. Sec. 2, Ch. 12, Ex. L. 1933; re-en. Sec. 5271.2, R.C.M. 1935; R.C.M. 1947, 11-2259; amd. Sec. 17, Ch. 212, L. 1983; amd. Sec. 18, Ch. 370, L. 1987; amd. Sec. 1, Ch. 100, L. 2009.