Montana Code Annotated 2021

TITLE 7. LOCAL GOVERNMENT

CHAPTER 6. FINANCIAL ADMINISTRATION AND TAXATION

Part 11. Tax and Revenue Anticipation Notes

Local Government Debt Limitations Not To Apply To Short-Term Obligations

7-6-1115. Local government debt limitations not to apply to short-term obligations. The debt limitations for local governments in Title 7, chapter 7, and Title 20, chapter 9, do not apply to gross proceeds obligations or short-term obligations issued in accordance with this part.

History: En. Sec. 7, Ch. 481, L. 1985; amd. Sec. 9, Ch. 145, L. 2021.