Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

§
Marginalia
Code · Montana · Title 7 — Local Government · Chapter 15 · Part 45

7-15-4512. Security for money deposited by housing authority.

113 words·~1 min read·/mt/title-7/chapter-15/part-45/7-15-4512·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

7-15-4512 . Security for money deposited by housing authority.
(1)The authority may by resolution provide that all money deposited by it shall be secured by:
(a)obligations of the United States or of the state of a market value equal at all times to the amount of such deposits;
(b)any securities in which savings banks may legally invest funds within their control; or
(c)an undertaking with such sureties as shall be approved by the authority to faithfully keep and pay over upon the order of the authority any such deposits and agreed interest thereon.
(2)All banks and trust companies are authorized to give any such security for such deposits.
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.