reglab/housing_qa huggingface dataset:
MT Code § 17-5-410 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 4. Long-Range Building Program Bonds|17-5-410. Repealed

  17-5-410. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 5, Ch. 276, L. 1965; amd. Sec. 4, Ch. 318, L. 1967; amd. Sec. 2, Ch. 146, L. 1969; amd. Sec. 3, Ch. 222, L. 1971; amd. Sec. 5, Ch. 510, L. 1973; R.C.M. 1947, 79-2205; amd. Sec. 1, Ch. 644, L. 1979; amd. Sec. 1, Ch. 604, L. 1981.
MT Code § 17-5-411 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 4. Long-Range Building Program Bonds|17-5-411. Repealed

  17-5-411. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 2, Ch. 604, L. 1981; amd. Sec. 8, Ch. 298, L. 1983; amd. Sec. 64, Ch. 613, L. 1989.
MT Code § 17-5-412 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 4. Long-Range Building Program Bonds|17-5-412. Repealed

  17-5-412. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 3, Ch. 604, L. 1981; amd. Sec. 1, Ch. 349, L. 1981; amd. Sec. 9, Ch. 298, L. 1983.
MT Code § 17-5-413 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 4. Long-Range Building Program Bonds|17-5-413. Repealed

  17-5-413. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 4, Ch. 604, L. 1981.
MT Code § 17-5-414 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 4. Long-Range Building Program Bonds|17-5-414. Repealed

  17-5-414. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 1, Ch. 643, L. 1983; amd. Sec. 5, Ch. 643, L. 1983.
MT Code § 17-5-415 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 4. Long-Range Building Program Bonds|17-5-415. Repealed

  17-5-415. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 2, Ch. 643, L. 1983; amd. Sec. 48, Ch. 281, L. 1983; amd. Sec. 5, Ch. 643, L. 1983.
MT Code § 17-5-416 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 4. Long-Range Building Program Bonds|17-5-416. Repealed

  17-5-416. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 3, Ch. 643, L. 1983; amd. Sec. 5, Ch. 643, L. 1983.
MT Code § 17-5-417 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 4. Long-Range Building Program Bonds|17-5-417. Repealed

  17-5-417. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 4, Ch. 643, L. 1983.
MT Code § 17-5-418 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 4. Long-Range Building Program Bonds|17-5-418. through 17-5-420 reserved

  17-5-418 through 17-5-420 reserved.
MT Code § 17-5-421 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 4. Long-Range Building Program Bonds|17-5-421. Repealed

  17-5-421. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 1, Ch. 507, L. 1977; R.C.M. 1947, 78-1401(part); amd. Sec. 10, Ch. 298, L. 1983.
MT Code § 17-5-422 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 4. Long-Range Building Program Bonds|17-5-422. Terminated

  17-5-422. Terminated. Sec. 1, Ch. 33, Sp. L. June 1986.   History: En. Secs. 1, 2, Ch. 600, L. 1981; amd. Sec. 11, Ch. 298, L. 1983; amd. Sec. 1, Ch. 33, Sp. L. June 1986.
MT Code § 17-5-423 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 4. Long-Range Building Program Bonds|17-5-423. Repealed

  17-5-423. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 8, HB 861, L. 1985; amd. Sec. 5, Ch. 224, L. 1989.
MT Code § 17-5-424 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 4. Long-Range Building Program Bonds|17-5-424. Repealed

  17-5-424. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 9, HB 861, L. 1985.
MT Code § 17-5-425 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 4. Long-Range Building Program Bonds|17-5-425. Repealed

  17-5-425. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 10, HB 861, L. 1985; amd. Sec. 5, Ch. 224, L. 1989.
MT Code § 17-5-426 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 4. Long-Range Building Program Bonds|17-5-426. Repealed

  17-5-426. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 11, HB 861, L. 1985.
MT Code § 17-5-427 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 4. Long-Range Building Program Bonds|17-5-427. through 17-5-429 reserved

  17-5-427 through 17-5-429 reserved.
MT Code § 17-5-430 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 4. Long-Range Building Program Bonds|17-5-430. Repealed

  17-5-430. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 10, Ch. 624, L. 1993; amd. Sec. 58, Ch. 546, L. 1995.
MT Code § 17-5-431 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 4. Long-Range Building Program Bonds|17-5-431. Repealed

  17-5-431. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 11, Ch. 624, L. 1993.
MT Code § 17-5-432 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 4. Long-Range Building Program Bonds|17-5-432. Repealed

  17-5-432. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 12, Ch. 624, L. 1993; amd. Sec. 59, Ch. 546, L. 1995.
MT Code § 17-5-433 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 4. Long-Range Building Program Bonds|17-5-433. Repealed

  17-5-433. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 13, Ch. 624, L. 1993.
MT Code § 17-5-501 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 5. General Obligation Highway Bonds (Repealed)|17-5-501. Repealed

  17-5-501. Repealed. Sec. 19, Ch. 10, L. 2009.   History: En. Sec. 1, Ch. 477, L. 1975; amd. Sec. 3, Ch. 512, L. 1991.
MT Code § 17-5-502 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 5. General Obligation Highway Bonds (Repealed)|17-5-502. Repealed

  17-5-502. Repealed. Sec. 19, Ch. 10, L. 2009.   History: En. Sec. 2, Ch. 477, L. 1975; amd. Sec. 3, Ch. 512, L. 1991.
MT Code § 17-5-503 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 5. General Obligation Highway Bonds (Repealed)|17-5-503. Repealed

  17-5-503. Repealed. Sec. 19, Ch. 10, L. 2009.   History: En. Sec. 3, Ch. 477, L. 1975; amd. Sec. 12, Ch. 298, L. 1983.
MT Code § 17-5-504 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 5. General Obligation Highway Bonds (Repealed)|17-5-504. Repealed

  17-5-504. Repealed. Sec. 19, Ch. 10, L. 2009.   History: En. Sec. 4, Ch. 477, L. 1975.
MT Code § 17-5-505 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 5. General Obligation Highway Bonds (Repealed)|17-5-505. Repealed

  17-5-505. Repealed. Sec. 19, Ch. 10, L. 2009.   History: En. Sec. 5, Ch. 477, L. 1975.
MT Code § 17-5-506 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 5. General Obligation Highway Bonds (Repealed)|17-5-506. Repealed

  17-5-506. Repealed. Sec. 19, Ch. 10, L. 2009.   History: En. Sec. 6, Ch. 477, L. 1975; amd. Sec. 13, Ch. 298, L. 1983.
MT Code § 17-5-507 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 5. General Obligation Highway Bonds (Repealed)|17-5-507. Repealed

  17-5-507. Repealed. Sec. 19, Ch. 10, L. 2009.   History: En. Sec. 7, Ch. 477, L. 1975; amd. Sec. 14, Ch. 298, L. 1983; amd. Sec. 24, Ch. 130, L. 2005; amd. Sec. 19, Ch. 44, L. 2007.
MT Code § 17-5-601 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 6. Employment Security Building Bonds (Repealed)|17-5-601. Repealed

  17-5-601. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 1, Ch. 418, L. 1971; R.C.M. 1947, 78-1011.
MT Code § 17-5-602 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 6. Employment Security Building Bonds (Repealed)|17-5-602. Repealed

  17-5-602. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 2, Ch. 418, L. 1971; R.C.M. 1947, 78-1012.
MT Code § 17-5-603 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 6. Employment Security Building Bonds (Repealed)|17-5-603. Repealed

  17-5-603. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 3, Ch. 418, L. 1971; R.C.M. 1947, 78-1013.
MT Code § 17-5-604 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 6. Employment Security Building Bonds (Repealed)|17-5-604. Repealed

  17-5-604. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 4, Ch. 418, L. 1971; R.C.M. 1947, 78-1014.
MT Code § 17-5-605 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 6. Employment Security Building Bonds (Repealed)|17-5-605. Repealed

  17-5-605. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 5, Ch. 418, L. 1971; R.C.M. 1947, 78-1015.
MT Code § 17-5-606 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 6. Employment Security Building Bonds (Repealed)|17-5-606. Repealed

  17-5-606. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 6, Ch. 418, L. 1971; R.C.M. 1947, 78-1016.
MT Code § 17-5-607 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 6. Employment Security Building Bonds (Repealed)|17-5-607. Repealed

  17-5-607. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 7, Ch. 418, L. 1971; R.C.M. 1947, 78-1017.
MT Code § 17-5-608 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 6. Employment Security Building Bonds (Repealed)|17-5-608. Repealed

  17-5-608. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 8, Ch. 418, L. 1971; amd. Sec. 1, Ch. 61, L. 1977; R.C.M. 1947, 78-1018; amd. Sec. 15, Ch. 298, L. 1983.
MT Code § 17-5-609 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 6. Employment Security Building Bonds (Repealed)|17-5-609. Repealed

  17-5-609. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 9, Ch. 418, L. 1971; amd. Sec. 2, Ch. 61, L. 1977; R.C.M. 1947, 78-1019; amd. Sec. 1, Ch. 418, L. 1985.
MT Code § 17-5-610 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 6. Employment Security Building Bonds (Repealed)|17-5-610. Repealed

  17-5-610. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 10, Ch. 418, L. 1971; R.C.M. 1947, 78-1020.
MT Code § 17-5-611 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 6. Employment Security Building Bonds (Repealed)|17-5-611. Repealed

  17-5-611. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 1, Ch. 419, L. 1971; R.C.M. 1947, 78-1021.
MT Code § 17-5-612 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 6. Employment Security Building Bonds (Repealed)|17-5-612. Repealed

  17-5-612. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 2, Ch. 419, L. 1971; R.C.M. 1947, 78-1022.
MT Code § 17-5-613 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 6. Employment Security Building Bonds (Repealed)|17-5-613. Repealed

  17-5-613. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 3, Ch. 419, L. 1971; R.C.M. 1947, 78-1023.
MT Code § 17-5-614 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 6. Employment Security Building Bonds (Repealed)|17-5-614. Repealed

  17-5-614. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 4, Ch. 419, L. 1971; R.C.M. 1947, 78-1024.
MT Code § 17-5-615 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 6. Employment Security Building Bonds (Repealed)|17-5-615. Repealed

  17-5-615. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 5, Ch. 419, L. 1971; R.C.M. 1947, 78-1025.
MT Code § 17-5-616 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 6. Employment Security Building Bonds (Repealed)|17-5-616. Repealed

  17-5-616. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 6, Ch. 419, L. 1971; R.C.M. 1947, 78-1026.
MT Code § 17-5-617 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 6. Employment Security Building Bonds (Repealed)|17-5-617. Repealed

  17-5-617. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 7, Ch. 419, L. 1971; R.C.M. 1947, 78-1027.
MT Code § 17-5-618 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 6. Employment Security Building Bonds (Repealed)|17-5-618. Repealed

  17-5-618. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 8, Ch. 419, L. 1971; amd. Sec. 3, Ch. 61, L. 1977; R.C.M. 1947, 78-1028; amd. Sec. 16, Ch. 298, L. 1983.
MT Code § 17-5-619 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 6. Employment Security Building Bonds (Repealed)|17-5-619. Repealed

  17-5-619. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 9, Ch. 419, L. 1971; amd. Sec. 4, Ch. 61, L. 1977; R.C.M. 1947, 78-1029; amd. Sec. 2, Ch. 418, L. 1985.
MT Code § 17-5-620 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 6. Employment Security Building Bonds (Repealed)|17-5-620. Repealed

  17-5-620. Repealed. Sec. 7, Ch. 374, L. 2005.   History: En. Sec. 10, Ch. 419, L. 1971; R.C.M. 1947, 78-1030.
MT Code § 17-5-701 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 7. Coal Severance Tax Bonds -- Water Development|17-5-701. State of Montana coal severance tax bonds

  17-5-701. State of Montana coal severance tax bonds. This part provides for the issuance of state of Montana coal severance tax bonds (also referred to as coal severance tax bonds in this part) to:   (1) finance renewable resource projects in the state designed to provide, during and after extensive coal mining, a healthy economy, the alleviation of social and economic impacts created by coal development, and a clean and healthful environment for present and future generations; and   (2) finance loans to local governments for infrastructure projects under Title 90, chapter 6, part 7.   History: En. Sec. 24, Ch. 505, L. 1981; amd. Sec. 3, Ch. 3, Sp. L. January 1992; amd. Sec. 5, Ch. 478, L. 1993.
MT Code § 17-5-702 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 7. Coal Severance Tax Bonds -- Water Development|17-5-702. Purpose and intent

  17-5-702. Purpose and intent. (1) The purpose of the coal severance tax trust fund bond provisions of this part is to establish the authority to issue and sell coal severance tax bonds that have been approved by an act of the legislature for financing specific renewable resource projects in the state authorized by the legislature and to guarantee redemption of the bonds by revenue derived from the receipts from the coal severance tax imposed by Title 15, chapter 35, part 1, and other money that the legislature may from time to time determine.   (2) The legislature intends that projects to be financed by coal severance tax bonds include renewable resource projects as part of the program established in Title 85, chapter 1, part 6. The legislature further intends that the income from renewable resource projects in excess of the amount required for debt service and operation and maintenance of those projects and activities be deposited in the natural resources projects state special revenue account established in 15-38-302.   History: En. Sec. 25, Ch. 505, L. 1981; amd. Sec. 17, Ch. 298, L. 1983; amd. Sec. 6, Ch. 478, L. 1993; amd. Sec. 6, Ch. 432, L. 2007.
MT Code § 17-5-704 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 7. Coal Severance Tax Bonds -- Water Development|17-5-704. Investment of funds

  17-5-704. Investment of funds. Money in the coal severance tax bond fund, the coal severance tax permanent fund, and the coal severance tax income fund must be invested in accordance with the investment standards for coal severance tax funds. Income and earnings, excluding unrealized gains and losses, from all funds must be deposited in the state general fund.   History: En. Sec. 27, Ch. 505, L. 1981; amd. Sec. 1, Ch. 149, L. 1983; amd. Sec. 19, Ch. 298, L. 1983; amd. Sec. 2, Ch. 662, L. 1987; amd. Sec. 23, Ch. 83, L. 1989; amd. Sec. 3, Ch. 634, L. 1989; amd. Sec. 92, Ch. 11, Sp. L. June 1989; amd. Sec. 4, Ch. 787, L. 1991; amd. Sec. 4, Ch. 12, Sp. L. January 1992; amd. Sec. 3, Ch. 442, L. 1995; amd. Sec. 22, Ch. 509, L. 1995; amd. Sec. 4, Ch. 61, L. 2001; amd. Sec. 2, Ch. 14, L. 2007.
MT Code § 17-5-705 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 7. Coal Severance Tax Bonds -- Water Development|17-5-705. Pledge of coal severance tax bond fund

  17-5-705. Pledge of coal severance tax bond fund. The money in the coal severance tax bond fund is pledged to the payment of the principal and interest on all state of Montana coal severance tax bonds. All bonds issued after July 1, 1981, wherein the money in the coal severance tax bond fund is pledged for their retirement shall be called "state of Montana coal severance tax bonds".   History: En. Sec. 28, Ch. 505, L. 1981; amd. Sec. 20, Ch. 298, L. 1983.
MT Code § 17-5-706 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 7. Coal Severance Tax Bonds -- Water Development|17-5-706. Authority to issue coal severance tax bonds

  17-5-706. Authority to issue coal severance tax bonds. The board of examiners, upon approval of the legislature as hereinafter provided, shall issue and sell coal severance tax bonds to finance approved renewable resource projects when authorized to do so by any law that sets out the amount and purpose of the issue. Each project must be separately approved as to amount by a two-thirds vote of each house of the legislature.   History: En. Sec. 29, Ch. 505, L. 1981; amd. Sec. 7, Ch. 478, L. 1993.
MT Code § 17-5-707 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 7. Coal Severance Tax Bonds -- Water Development|17-5-707. Board of examiners to issue bonds

  17-5-707. Board of examiners to issue bonds. The board of examiners may issue and sell coal severance tax bonds, and no other agency of the state is so authorized. Any action taken by the board of examiners under this part must be approved by a majority vote of its members.   History: En. Sec. 30, Ch. 505, L. 1981.
MT Code § 17-5-708 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 7. Coal Severance Tax Bonds -- Water Development|17-5-708. Special fund revenues

  17-5-708. Special fund revenues. (1) If a law authorizing a coal severance tax bond issue for a specific purpose and in a specific amount contemplates the pledge and receipt of revenues, assets, or money other than or in addition to the money in the coal severance tax bond fund, then the money derived from such pledged revenues, assets, and money must be paid into a special bond fund for the benefit of such bonds, which must be part of a debt service fund of the state treasury fund structure.   (2) Money must be withdrawn from the coal severance tax bond fund and paid to the special bond fund as necessary to provide for payment of principal and interest on the coal severance tax bonds secured by a pledge of the special bond fund.   History: En. Sec. 31, Ch. 505, L. 1981; amd. Sec. 21, Ch. 298, L. 1983.
MT Code § 17-5-709 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 7. Coal Severance Tax Bonds -- Water Development|17-5-709. Continued tax deposit limit on additional bonds

  17-5-709. Continued tax deposit limit on additional bonds. (1) The legislature shall provide for the continued assessment, levy, collection, and deposit into the coal severance tax bond fund of the coal severance tax that, together with other revenue, assets, and money that may be deposited to one or more special bond funds pledged for the benefit of coal severance tax bonds, will be sufficient to produce an amount that is at least the amount necessary to pay, when due, the annual debt service charges on all outstanding coal severance tax bonds.   (2) The board of examiners may issue no coal severance tax bonds unless the aggregate amount of coal severance tax bonds outstanding, including the proposed issue and any other coal severance tax bonds authorized but not yet issued, can be serviced with no more than two-thirds of the annual deposits into the coal severance tax bond fund, as determined by the average of the deposits during the preceding 3 fiscal years, together with the average of the aggregate amount of revenue, assets, or money deposited in one or more special bond funds used to pay debt service on outstanding coal severance tax bonds during the preceding 3 fiscal years.   (3) The provisions of this section may not be modified so as to reduce the security for any coal severance tax bonds while the bonds are outstanding.   History: En. Sec. 32, Ch. 505, L. 1981; amd. Sec. 22, Ch. 298, L. 1983; amd. Sec. 5, Ch. 563, L. 1999; amd. Sec. 28, Ch. 7, L. 2001.
MT Code § 17-5-710 (2021)
2021 Montana Code Annotated|Title 17. State Finance|Chapter 5. Public Bond Issues|Part 7. Coal Severance Tax Bonds -- Water Development|17-5-710. Form -- principal and interest -- fiscal agent -- deposit of proceeds

  17-5-710. Form -- principal and interest -- fiscal agent -- deposit of proceeds. (1) Subject to the limitations contained in this part, each series of coal severance tax bonds must be issued by the board of examiners at public or private sale. The bonds may be issued in the denominations and form, whether payable to bearer or registered as to principal or both principal and interest, with provisions for conversion or exchange, bearing interest at a rate or rates, maturing at times not exceeding 40 years from date of issue, subject to redemption at earlier times and prices and on notice, and payable at the office of the fiscal agency of the state as the board of examiners determines.   (2) In all other respects the board of examiners is authorized to prescribe the form and terms of the bonds and shall do whatever is lawful and necessary for their issuance and payment.   (3) Coal severance tax bonds and any interest coupons appurtenant to the bonds must be signed by the members of the board of examiners, and the bonds must be issued under the great seal of the state of Montana. The bonds and coupons may be executed with facsimile signatures and seal in the manner and subject to the limitations prescribed by law. The state treasurer shall keep a record of all bonds issued and sold.   (4) The board of examiners may employ a fiscal agent to assist in the performance of its duties.   (5) All proceeds of a state of Montana coal severance tax bonds issue must be deposited in a capital projects fund or a state special revenue account established for that bond issue, except that:   (a) bond proceeds used to pay interest on the bonds and accrued interest received must be deposited in a debt service fund established for that bond issue;   (b) any premiums received may be deposited in a debt service fund established for that bond issue; and   (c) bond proceeds used to pay the cost of issuance may be deposited in a separate account within the state special revenue account.   History: En. Sec. 33, Ch. 505, L. 1981; amd. Sec. 23, Ch. 298, L. 1983; amd. Sec. 1, Ch. 74, L. 2015.