Montana Code 17-5-705. Pledge of coal severance tax bond fund
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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”.
Terms Used In Montana Code 17-5-705
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201