§ 7-15-4501 Authorization to issue bonds
§ 7-15-4502 Powers related to loans
§ 7-15-4503 Nature of bonded indebtedness
§ 7-15-4504 Bonds and other obligations to be fully negotiable
§ 7-15-4505 Housing authority bonds as legal investments
§ 7-15-4506 Details relating to bonds
§ 7-15-4507 Sale of bonds
§ 7-15-4508 Purchase of bonds by housing authority
§ 7-15-4509 Interim certificates
§ 7-15-4510 Validity and sufficiency of signatures on bonds
§ 7-15-4511 Creation of special funds
§ 7-15-4512 Security for money deposited by housing authority
§ 7-15-4521 General powers related to bonds and lease obligations
§ 7-15-4522 Redemption of bonds
§ 7-15-4523 Amendment or abrogation of bond contracts
§ 7-15-4524 Bond provisions related to determination and use of rents and fees
§ 7-15-4525 Bond provisions related to management and use of property
§ 7-15-4526 Power to mortgage property when government financing involved
§ 7-15-4527 Provisions related to breach or default on bonds and bond covenants
§ 7-15-4528 Use of bond trustee
§ 7-15-4529 General remedies of an obligee of a housing authority
§ 7-15-4530 Special remedies of an obligee resulting from mortgage or trust indenture
§ 7-15-4531 Remedies of obligees to be cumulative
§ 7-15-4532 Limitations on remedies of obligees

Terms Used In Montana Code > Title 7 > Chapter 15 > Part 45 - Municipal Housing Authorities Continued

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
  • Personal property: All property that is not real property.
  • Personal property: means money, goods, chattels, things in action, and evidences of debt. See Montana Code 1-1-205
  • Process: means a writ or summons issued in the course of judicial proceedings. See Montana Code 1-1-202
  • Property: means real and personal property. See Montana Code 1-1-205
  • 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
  • Statute: A law passed by a legislature.
  • Trustee: A person or institution holding and administering property in trust.
  • United States: includes the District of Columbia and the territories. See Montana Code 1-1-201