Montana Code Annotated 2017

TITLE 20. EDUCATION

CHAPTER 9. FINANCE

Part 4. School Bonds

Statute Of Limitations -- Action To Test Validity

20-9-464. Statute of limitations -- action to test validity. A bond of any issue may not be held invalid because of any defect or failure to comply with a statutory provision relating to the authorization, issuance, or sale of the bonds unless an action to contest the validity of the bonds is brought within 30 days after the date of the adoption of the resolution calling for the sale of bonds of the school district.

History: En. Sec. 3, Ch. 139, L. 1939; R.C.M. 1947, 82-412(part); amd. Sec. 20, Ch. 451, L. 2005; amd. Sec. 10, Ch. 94, L. 2007.