Mont. Code § 7-7-4206
Current through the 2023 Regular Session
Other than refunding bonds, all bonds issued for a longer term than 5 years must be redeemable at the option of the city or town on any interest payment date after one-half of the term for which they were issued has expired, and the redemption option must be recited in the bonds.
§ 7-7-4206, MCA