Mont. Code § 17-5-104

Current through the 2023 Regular Session
Section 17-5-104 - Effect of revisions on bonds previously authorized

If prior to April 23, 1981, a political subdivision was authorized to issue bonds pursuant to a law that limited the rate of interest on the bonds, it may issue all of the bonds so authorized under the provisions of 17-5-102 even if the rate of interest on the bonds exceeds the maximum rate permissible prior to April 23, 1981.

§ 17-5-104, MCA

En. Sec. 17, Ch. 500, L. 1981; amd. Sec. 1, Ch. 11, L. 1983.