69-3-1608. Montana energy impact assistance bonds.
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/mt/title-69/chapter-3/part-16/69-3-1608·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
69-3-1608 . Montana energy impact assistance bonds.
(1)The proceeds of Montana energy impact assistance bonds must be used to recover, finance, or refinance commission-approved Montana energy impact assistance costs and financing costs and other costs that are secured by or payable from Montana energy impact assistance property.
(2)If certificates of participation or ownership are issued, references to principal, interest, or premium refer to comparable amounts under those certificates.