Mont. Code § 85-7-1433

Current through the 2023 Regular Session
Section 85-7-1433 - Liens arising from bonds

The resolution authorizing the bonds must specify and define the revenues or portion of the undertaking's revenues that is appropriated and pledged for the security and payment of the bond principal and interest and the relative security of liens on the revenues in favor of bonds of one or more series or issues, whether issued concurrently or at different times.

§ 85-7-1433, MCA

En. Sec. 15, Ch. 193, L. 1987.