Statutes, codes, and regulations
Montana Code
Title 7 - LOCAL GOVERNMENTChapter 7 - DEBT MANAGEMENT
Part 1 - GENERAL PROVISIONS RELATED TO LOCAL GOVERNMENTS
Section 7-7-134 - Role of state and state agencies in relation to bankruptcy

Mont. Code § 7-7-134

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Current through the 2023 Regular Session
Section 7-7-134 - Role of state and state agencies in relation to bankruptcy

The state or any department or agency of the state holding any of the securities of a local entity has the power to consent to any plan of adjustment of the indebtedness of the local entity by the board or official that has custody of and control over the securities.

§ 7-7-134, MCA

En. Sec. 2, Ch. 114, L. 1939; R.C.M. 1947, 11-1304(part); amd. Sec. 4, Ch. 296, L. 1995; Sec. 7-7-4113, MCA 1993; redes. 7-7-134 by Code Commissioner, 1995.