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Code · Montana · Title 7 — Local Government · Chapter 7 · Part 22

7-7-2237. Percentage of electors required to authorize bond issue.

214 words·~1 min read·/mt/title-7/chapter-7/part-22/7-7-2237·

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7-7-2237 . Percentage of electors required to authorize bond issue. Whenever the question of issuing county bonds for any purpose is submitted to the registered electors of a county, the determination of the approval or rejection of the bond proposition is made in the following manner:
(1)determine the total number of electors who were qualified to vote in the bond election;
(2)determine the total number of qualified electors who voted in the bond election from the tally sheet or sheets for the election;
(3)calculate the percentage of qualified electors voting in the bond election by dividing the number determined in subsection
(2)by the number determined in subsection (1); and
(4)when the calculated percentage in subsection
(3)is 40% or more, the bond proposition is considered approved and adopted if a majority of the votes cast were in favor of the proposition, otherwise it is considered rejected; or
(5)when the calculated percentage in subsection
(3)is more than 30% but less than 40%, the bond proposition is considered approved and adopted if 60% or more of the votes cast were in favor of the proposition, otherwise it is considered rejected; or
(6)when the calculated percentage in subsection
(3)is 30% or less, the bond proposition is considered rejected.
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