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TITLE 20
CHAPTER 9
Part 4

Montana Code Annotated 2023

TITLE 20. EDUCATION

CHAPTER 9. FINANCE

Part 4. School Bonds

20-9-401 Applicable laws for school district bonding
20-9-402 Definition of school district for bonding purposes
20-9-403 Bond issues for certain purposes
20-9-404 Contracts and bonds for joint construction
20-9-405 Proportional joint ownership -- disposition of money
20-9-406 Limitations on amount of bond issue -- definition of federal impact aid basic support payment -- oil and natural gas payment
20-9-407 Industrial facility agreement for bond issue in excess of maximum
20-9-408 Definition of forms of bonds
20-9-409 Repealed
20-9-410 Limitation of term and interest -- timing for redemption
20-9-411 Dates of issue and payments
20-9-412 Issuance of refunding bonds without election
20-9-413 through 20-9-420 reserved
20-9-421 Election to authorize the issuance of school district bonds and the methods of introduction
20-9-422 Additional requirements for trustees' resolution calling bond election
20-9-423 Form, contents, and circularization of petition proposing school district bond election
20-9-424 Validation of petition -- election administrator's certificate
20-9-425 Trustees' consideration of validated petition proposing bond election
20-9-426 Preparation and form of ballots for bond election
20-9-427 Notice of bond election by separate purpose
20-9-428 Determination of approval or rejection of proposition at bond election
20-9-429 Trustees' resolution to issue school district bonds pursuant to public sale
20-9-430 Sale of school district bonds and notice of public sale
20-9-431 Publication of notice of sale of school district bonds
20-9-432 Sale of school district bonds
20-9-433 Form and execution of school district bonds
20-9-434 Registration of school district bonds by county treasurer and copy for preservation
20-9-435 Delivery of school district bonds and disposition of sale money
20-9-436 County attorney to assist in proceedings
20-9-437 School district liable on bonds
20-9-438 Preparation of general obligation debt service fund budget -- operating reserve
20-9-439 Computation of net levy requirement for general obligation bonds -- procedure when levy inadequate
20-9-440 Payment of debt service obligations -- termination of interest
20-9-441 Redemption of bonds -- investment of debt service fund money
20-9-442 Entries of payments and notification of school district
20-9-443 Disposition of remaining debt service fund
20-9-444 Liability of officers for failure to provide fund for payment of bonds
20-9-445 Liability for misuse of bond payment fund
20-9-446 Duty of county attorney to prosecute
20-9-447 through 20-9-450 reserved
20-9-451 Repealed
20-9-452 Repealed
20-9-453 Repealed
20-9-454 Repealed
20-9-455 Repealed
20-9-456 Repealed
20-9-457 through 20-9-460 reserved
20-9-461 Purpose
20-9-462 Repealed
20-9-463 Repealed
20-9-464 Statute of limitations -- action to test validity
20-9-465 Action to restrain bond issue -- time for bringing
20-9-466 Repealed
20-9-467 Repealed
20-9-468 through 20-9-470 reserved
20-9-471 Issuance of obligations -- authorization -- conditions
20-9-472 Security for impact aid revenue bonds -- agreement of state
20-9-473 Security for oil and natural gas revenue bonds
20-9-474 Oil and natural gas revenue bond debt service reserve account

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