Montana Code > Title 7 > Chapter 34 > Part 24 > § 7-34-2416 Montana Code 7-34-2416. Tax-exempt status of bonds Current as of: 2023 | Check for updates | Other versions 7-34-2416. Tax-exempt status of bonds. Bonds issued by a county pursuant to the provisions of 7-34-2411 and 7-34-2413 through 7-34-2418 are declared to be issued for an essential public and governmental purpose by a political subdivision. Previous Next Part 24 Contents