reglab/housing_qa huggingface dataset:
MT Code § 90-5-114 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 5. Secondary Industry and Commercial Development|Part 1. Industrial Development Projects|90-5-114. Preference of Montana labor

  90-5-114. Preference of Montana labor. (1) Any contract to construct a project financed pursuant to this part must require all contractors to give preference to the employment of bona fide Montana residents, as defined in 18-2-401, in the performance of the work on the projects if their qualifications are substantially equal to those of nonresidents. "Substantially equal qualifications" means the qualifications of two or more persons among whom the employer cannot make a reasonable determination that the qualifications held by one person are significantly better suited for the position than the qualifications held by the other persons.   (2) A contract let for a project costing more than $25,000 and financed from the proceeds of bonds issued under this part on or after July 1, 1993, must contain a provision that requires the contractor to pay the standard prevailing wage rate in effect and applicable to the district in which the work is being performed.   History: En. Sec. 3, Ch. 653, L. 1985; amd. Sec. 8, Ch. 561, L. 1987; amd. Sec. 4, Ch. 464, L. 1993.
MT Code § 90-5-202 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 5. Secondary Industry and Commercial Development|Part 2. Western Interstate Nuclear Compact State Nuclear Policy|90-5-202. Board member appointed by governor -- compensation

  90-5-202. Board member appointed by governor -- compensation. The governor shall appoint the board member. The member shall report directly to the governor. The member, with the approval of the governor, may designate an alternate to represent the state when the member is unable to do so. The member or the alternate may not receive compensation in addition to salary for services as a member of the board but must be reimbursed for travel expenses, as provided for in 2-18-501 through 2-18-503, incurred in the performance of duties.   History: En. Sec. 2, Ch. 258, L. 1973; amd. Sec. 21, Ch. 453, L. 1977; R.C.M. 1947, 82-4402; amd. Sec. 2872, Ch. 56, L. 2009.
MT Code § 90-5-203 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 5. Secondary Industry and Commercial Development|Part 2. Western Interstate Nuclear Compact State Nuclear Policy|90-5-203. Bylaws and amendments filed with secretary of state

  90-5-203. Bylaws and amendments filed with secretary of state. Pursuant to Article II, paragraph (10), of the compact, the western interstate nuclear board shall file copies of the bylaws and amendments thereto with the secretary of state.   History: En. Sec. 3, Ch. 258, L. 1973; R.C.M. 1947, 82-4403.
MT Code § 90-5-204 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 5. Secondary Industry and Commercial Development|Part 2. Western Interstate Nuclear Compact State Nuclear Policy|90-5-204. through 90-5-210 reserved

  90-5-204 through 90-5-210 reserved.
MT Code § 90-5-211 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 5. Secondary Industry and Commercial Development|Part 2. Western Interstate Nuclear Compact State Nuclear Policy|90-5-211. Declaration of policy

  90-5-211. Declaration of policy. It is hereby declared that the people of Montana are opposed to:   (1) the placement of MX missiles in Montana; and   (2) any further testing, development, or deployment of nuclear weapons by any nation.   History: En. Sec. 1, I.M. No. 91, approved Nov. 2, 1982.
MT Code § 90-5-301 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 5. Secondary Industry and Commercial Development|Part 3. Employee Ownership Opportunity Act|90-5-301. Short title

  90-5-301. Short title. This part may be cited as the "Employee Ownership Opportunity Act".   History: En. Sec. 1, Ch. 671, L. 1989.
MT Code § 90-5-302 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 5. Secondary Industry and Commercial Development|Part 3. Employee Ownership Opportunity Act|90-5-302. Employee ownership development policy

  90-5-302. Employee ownership development policy. It is the policy of this state to encourage the formation of employee-owned enterprises in order to stabilize local economies, to anchor business activity by increasing and broadening community investments, to increase productivity, and to encourage new capital formation through employee ownership.   History: En. Sec. 2, Ch. 671, L. 1989.
MT Code § 90-5-303 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 5. Secondary Industry and Commercial Development|Part 3. Employee Ownership Opportunity Act|90-5-303. Definitions

  90-5-303. Definitions. As used in this part, the following definitions apply:   (1) "Employee ownership group" means a group that may include a corporation, labor organization, or other groups of persons voluntarily affiliated for the purpose of actively engaging in an effort to establish an employee-owned enterprise.   (2) "Employee-owned enterprise" means a business corporation that:   (a) requires that at least a majority of its employees:   (i) are vested with stock in the enterprise and all of whose vested employees are entitled to vote; and   (ii) own a majority of the shares which must be voted so that the vote of a majority of the employees control the vote of a majority of shares;   (b) requires that voting rights on corporate matters for shares held in trust for the employees pass through to those employees at least to the extent required by the voting requirements of section 409(e) of the Internal Revenue Code of 1986, as amended;   (c) provides vested employees the right to vote on corporate matters, including merger, consolidation, recapitalization, reclassification, liquidation, dissolution, or sale; and   (d) requires that at least a majority of the members of the board of directors is elected by the employees of the enterprise.   History: En. Sec. 3, Ch. 671, L. 1989.
MT Code § 90-5-304 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 5. Secondary Industry and Commercial Development|Part 3. Employee Ownership Opportunity Act|90-5-304. Extension of business assistance services to employee-owned enterprises

  90-5-304. Extension of business assistance services to employee-owned enterprises. A business assistance program operated by the state must include employee-owned enterprises within the scope of its business assistance activities. An employee-owned enterprise is eligible for assistance, service, or financing available through any business assistance program receiving state money.   History: En. Sec. 4, Ch. 671, L. 1989.
MT Code § 90-5-305 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 5. Secondary Industry and Commercial Development|Part 3. Employee Ownership Opportunity Act|90-5-305. Department to offer employee ownership development assistance and counseling

  90-5-305. Department to offer employee ownership development assistance and counseling. Upon request by an employee group or organization, the department of commerce shall provide technical assistance and counseling on the establishment and management of employee-owned enterprises.   History: En. Sec. 5, Ch. 671, L. 1989; amd. Sec. 1, Ch. 10, L. 1999.
MT Code § 90-6-101 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 1. Financing of Housing|90-6-101. Short title

  90-6-101. Short title. This part shall be known and may be cited as the "Housing Act of 1975".   History: En. 35-501 by Sec. 1, Ch. 461, L. 1975; R.C.M. 1947, 35-501.
MT Code § 90-6-102 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 1. Financing of Housing|90-6-102. Legislative declaration

  90-6-102. Legislative declaration. The legislature finds and declares that there is a shortage in Montana of decent, safe, and sanitary housing which is within the financial capabilities of lower income persons and families. In order to alleviate the high cost of housing for these persons, the legislature believes that it is essential that additional public moneys be made available through the issuance of revenue bonds to assist both private enterprise and governmental agencies in meeting critical housing needs.   History: En. 35-502 by Sec. 2, Ch. 461, L. 1975; R.C.M. 1947, 35-502.
MT Code § 90-6-105 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 1. Financing of Housing|90-6-105. Meetings and acts of the board

  90-6-105. Meetings and acts of the board. (1) All meetings of the board are open to the public.   (2) All official acts of the board shall be in a regular or special meeting and by a majority of the board.   (3) All rules adopted by the board shall be in accordance with the Montana Administrative Procedure Act.   History: En. 35-525 by Sec. 26, Ch. 461, L. 1975; R.C.M. 1947, 35-525.
MT Code § 90-6-106 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 1. Financing of Housing|90-6-106. Adoption of rules

  90-6-106. Adoption of rules. (1) The board shall adopt rules respecting the regulation of borrowers, the admission of occupants in housing developments, the construction of ancillary facilities, and requirements or restrictions necessary to implement this part.   (2) The board shall adopt rules for the:   (a) organization, approval, standards, and regulation of housing sponsors and eligible recipients;   (b) approval, standards, and regulation of lending institutions under this part;   (c) assessment, collection, and payment of all fees and charges in connection with making, purchasing, and servicing of its bonds and notes, mortgage lending, construction lending, temporary lending, and security purchase programs;   (d) assessment and collection of fees and charges in connection with its technical, consultative, and project assistance activities;   (e) determination and regulation of mortgagor and lending institution and their use of funds under this part, sponsor and mortgagor equity definitions and limitations, and housing development costs;   (f) percentage of housing units or housing developments assisted under this part that are reserved for lower income persons and families and which allows for an economic mixture of residents.   History: En. 35-505 by Sec. 6, Ch. 461, L. 1975; R.C.M. 1947, 35-505(2), (3).
MT Code § 90-6-107 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 1. Financing of Housing|90-6-107. Deposit and expenditure of funds

  90-6-107. Deposit and expenditure of funds. (1) There is a housing authority enterprise fund in the proprietary fund type as provided for in 17-2-102(2). All funds from the proceeds of bonds issued under this part, fees, and other money received by the board, money appropriated by the legislature for the use of the board in carrying out this part, and money made available from any other source for the use of the board must be deposited in the housing authority enterprise fund. All funds deposited in the housing authority enterprise fund, except funds appropriated by the legislature for use of the board in payment of expenses incurred in carrying out this part, are continuously appropriated to and may be expended by the board for the purposes authorized in this part.   (2) There is a capital reserve account in the housing authority enterprise fund provided for in subsection (1). The capital reserve account consists of the aggregate money retained by the board under existing agreements with bondholders as the minimum capital reserve requirement described in 90-6-119 for each bond issue sold by the board.   (3) Funds appropriated by the legislature for use of the board in payment of expenses incurred in carrying out this part must be deposited in the housing authority enterprise fund. Funds expended by the board under this subsection must be repaid by the board from the fees and charges collected under this part and from any other money available for repayment in accordance with this part.   History: En. 35-523 by Sec. 24, Ch. 461, L. 1975; R.C.M. 1947, 35-523; amd. Sec. 2, Ch. 249, L. 1983; amd. Sec. 6, Ch. 11, Sp. L. July 1992; amd. Sec. 37, Ch. 34, L. 2001; amd. Sec. 1, Ch. 426, L. 2007.
MT Code § 90-6-108 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 1. Financing of Housing|90-6-108. Financing programs of the board

  90-6-108. Financing programs of the board. The board may:   (1) make loans to lending institutions under terms and conditions adopted by the board requiring the proceeds to be used by the lending institution for the making of mortgage loans for housing developments in the state for persons and families of lower income;   (2) invest in, purchase or make commitments to purchase, and take assignments from lending institutions of notes, mortgages, and other securities evidencing loans for the construction, rehabilitation, purchase, leasing, or refinancing of housing developments for persons and families of lower income in this state, under terms and conditions adopted by the board;   (3) make, undertake commitments to make, and participate in the making of mortgage loans, including federally insured mortgage loans, and make temporary loans and advances in anticipation of permanent mortgage loans to housing sponsors to finance the construction or rehabilitation of housing developments designed and planned for occupancy by persons and families of lower income in this state, under terms and conditions adopted by the board;   (4) make, undertake commitments to make, and participate in the making of loans to persons and families of lower income for housing development under terms and conditions adopted by the board, including without limitation persons and families of lower income who are eligible or potentially eligible for federally insured loans, federal mortgages, or other federal housing assistance, when the board determines that mortgage loans are not otherwise available, wholly or in part, from private lenders upon reasonably equivalent terms and conditions;   (5) require that loans made to or securities issued by lending institutions shall be additionally secured as to payment of principal and interest by a pledge of and a lien upon collateral security in amounts and consisting of obligations and securities as the board determines necessary to assure prompt payment of loans and interest. Collateral may be required to be lodged with a bank or trust company designated by the board as custodian, or the board may enter into an agreement with the lending institution requiring it to identify and maintain and service the collateral and the income therefrom solely in accordance with the agreement. A copy of each agreement and any revisions or supplements thereto shall be filed with the secretary of state, and no further filing or other action under the Uniform Commercial Code or any other law shall be required to perfect the security interest of the board in the collateral or in any additions or substitutions. The lien and trust is binding from the time it is made against all parties having claims of any kind in tort, contract, or otherwise against the lending institution.   History: En. 35-505 by Sec. 6, Ch. 461, L. 1975; R.C.M. 1947, 35-505(1), (4).
MT Code § 90-6-109 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 1. Financing of Housing|90-6-109. Procedure prior to financing of housing developments

  90-6-109. Procedure prior to financing of housing developments. (1) The board may finance housing developments under this part only when the board finds that:   (a) there exists a shortage of decent, safe, and sanitary housing at rentals or prices which persons and families of lower income can afford within the general housing market area to be served by the proposed housing development;   (b) private enterprise has not provided an adequate supply of decent, safe, and sanitary housing in the housing market area at rentals or prices which persons or families of lower income can afford or provided sufficient mortgage financing for housing developments for occupancy by persons or families of lower income;   (c) the housing sponsor undertaking the proposed housing development in this state will supply well planned, well designed housing, and such sponsors are financially responsible;   (d) the housing development to be assisted under this part will be of public use and will provide a public benefit, taking into account the existence of local government comprehensive plans, housing and land use plans and regulations, areawide plans, and other public desires;   (e) the housing development does not involve the construction of second homes (for purposes of this paragraph, "second home" means a home which would not qualify as the primary residence of the taxpayer for federal income tax purposes relating to capital gains on the sale or exchange of residential property); and   (f) as to direct loans it is necessary to qualify for federal funds.   (2) The findings required under subsection (1) must be made after a public hearing whenever the financing of housing relates to a development for rental units owned by a for-profit housing sponsor. The board shall conduct the hearing unless it directs the governing body of the local government in which the proposed housing development is to be located to conduct the hearing.   History: En. 35-506 by Sec. 7, Ch. 461, L. 1975; R.C.M. 1947, 35-506; amd. Sec. 2, Ch. 359, L. 1983.
MT Code § 90-6-110 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 1. Financing of Housing|90-6-110. Supervision of housing sponsors

  90-6-110. Supervision of housing sponsors. (1) The board may supervise housing sponsors of housing developments financed under this part as follows:   (a) prescribe uniform systems of accounts and records for housing sponsors and require them to make reports and give answers to specific questions on forms and at times specified by the board;   (b) enter upon and inspect the housing development and examine all books and records of the housing sponsor with respect to capitalization, income, and other matters as specified by the board;   (c) supervise the operation and maintenance of any housing development and order repairs necessary to protect the public and the board's interest or the health, welfare, or safety of the occupants;   (d) determine standards for and control resident selection by a housing sponsor;   (e) require any housing sponsor to pay to the board fees as it prescribes in connection with the examination, inspection, supervision, auditing, or other regulation of the housing sponsor;   (f) order any housing sponsor to do or to refrain from doing things necessary to comply with the provisions of law, the rules of the board, and the terms of any contract or agreement to which the housing sponsor is a party;   (g) regulate the retirement of any capital investment or the redemption of stock where any such retirement or redemption when added to any dividend or other distribution shall exceed in any one fiscal year 10% or a lesser amount of the original face amount of any investment or equity of any housing sponsor, as determined by the board; and   (h) adopt rules specifying the categories of cost which shall be allowable in the construction or rehabilitation of a housing development.   (2) The board shall require any housing sponsor to certify the actual housing development costs prior to periodic payments or upon completion of the housing development, subject to audit and determination by the board. The board may accept, in lieu of any certification of housing development costs, other assurances of the housing development costs, in any form or manner whatsoever, as will enable the board to determine with reasonable accuracy the amount of housing development costs.   History: En. 35-507 by Sec. 8, Ch. 461, L. 1975; R.C.M. 1947, 35-507.
MT Code § 90-6-111 (2021)
2021 Montana Code Annotated|Title 90. Planning, Research, and Development|Chapter 6. Community Impact -- Planning and Abatement|Part 1. Financing of Housing|90-6-111. Bonds and notes

  90-6-111. Bonds and notes. (1) The board may by resolution, from time to time, issue negotiable notes and bonds in a principal amount that the board determines necessary to provide sufficient funds for achieving any of its purposes, including the payment of interest on notes and bonds of the board, establishment of reserves to secure the notes and bonds, including the reserve funds created under 90-6-119, and all other expenditures of the board incident to and necessary or convenient to carry out this part.   (2) The board may by resolution, from time to time, issue notes to renew notes and bonds to pay notes, including interest, and, whenever it considers refunding expedient, refund any bonds by the issuance of new bonds, whether the bonds to be refunded have or have not matured, and issue bonds partly to refund bonds outstanding and partly for any of its other purposes.   (3) Except as otherwise expressly provided by resolution of the board, every issue of its notes and bonds must be obligations of the board payable out of any revenue, assets, or money of the board, subject only to agreements with the holders of particular notes or bonds pledging particular revenue, assets, or money.   (4) The notes and bonds must be authorized by resolutions of the board, must bear a date, and must mature at times that the resolutions provide. A note may not mature more than 10 years and a bond may not mature more than 50 years from the date of its issue. The bonds may be issued as serial bonds payable in annual or semiannual installments or as term bonds or as a combination of both. The notes and bonds must bear interest at a rate or rates, be in denominations, be in a form, either coupon or registered, carry registration privileges, be executed in a manner, be payable in a medium of payment, at places within or without the state, and be subject to terms of redemption as provided in resolutions. The board shall designate whether interest payments on the bonds are taxable or tax exempt. The notes and bonds of the board may be sold at public or private sale at prices, which may be above or below par, determined by the board.   (5) The total amount of notes and bonds outstanding at any time, except notes or bonds as to which the board's obligation has been satisfied and discharged by refunding or for which reserve for payment or other means of payment have been otherwise provided, may not exceed $1.5 billion. The issue price of bonds sold at a discount, not the face amount of the bonds, counts against this statutory ceiling.   History: En. 35-508 by Sec. 9, Ch. 461, L. 1975; R.C.M. 1947, 35-508; amd. Sec. 1, Ch. 518, L. 1979; amd. Sec. 1, Ch. 522, L. 1979; amd. Sec. 1, Ch. 53, L. 1981; amd. Sec. 1, Ch. 64, L. 1981; amd. Sec. 3, Ch. 359, L. 1983; amd. Sec. 1, Ch. 403, L. 1985; amd. Sec. 1, Ch. 89, L. 2003.