Montana Code 2-9-603. Purchase
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2-9-603. Purchase. (1) The department of administration shall purchase all surety bonds for state officers and employees.
Terms Used In Montana Code 2-9-603
- 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
(2)All bonds shall be purchased by competitive bid.
(3)Bonds purchased by the department of administration shall be executed by responsible insurance or surety companies admitted and authorized to execute surety bonds in this state.