Montana Code Annotated 2023

TITLE 85. WATER USE

CHAPTER 7. IRRIGATION DISTRICTS

Part 14. Irrigation District Revenue Bond Act

Sale Of Bonds

85-7-1436. Sale of bonds. (1) Bonds authorized to be issued may be sold at a price not less than 97% of face value if the issuer determines that the sale is in the best interests of the irrigation district.

(2) The bonds may be sold at public or private sale as determined by the irrigation district pursuant to 17-5-107.

History: En. Sec. 18, Ch. 193, L. 1987; amd. Sec. 25, Ch. 253, L. 2011.