1. MCA Contents
  2. TITLE 7
  3. CHAPTER 34
  4. Part 24
  5. 7-34-2416 Tax-exempt status of bonds

Montana Code Annotated 2021

TITLE 7. LOCAL GOVERNMENT

CHAPTER 34. MEDICAL SERVICES AND BOARDING HOMES FOR THE AGED

Part 24. Financing of County-Operated Health Care Facilities

Tax-Exempt Status Of Bonds

7-34-2416. (Temporary) Tax-exempt status of bonds. Bonds issued by a county pursuant to the provisions of 7-34-2411 and 7-34-2413 through 7-34-2418 are declared to be issued for an essential public and governmental purpose by a political subdivision within the meaning of 15-30-2110(2)(a).

7-34-2416. (Effective January 1, 2024) Tax-exempt status of bonds. Bonds issued by a county pursuant to the provisions of 7-34-2411 and 7-34-2413 through 7-34-2418 are declared to be issued for an essential public and governmental purpose by a political subdivision.

History: En. 16-1045 by Sec. 1, Ch. 511, L. 1975; amd. Sec. 1, Ch. 513, L. 1977; R.C.M. 1947, 16-1045(part); amd. Sec. 15, Ch. 520, L. 1995; amd. Sec. 5, Ch. 503, L. 2021.