Montana § 17-5-1325 - Reassignment Of Bonding Authority For Agricultural Purposes -- Contingency

Full text of Montana Montana Code Annotated § 17-5-1325 — Reassignment Of Bonding Authority For Agricultural Purposes -- Contingency, with citation guidance and answers to common questions.

§ 17-5-1325. Reassignment Of Bonding Authority For Agricultural Purposes -- Contingency

Reassignment of bonding authority for agricultural purposes -- contingency. If, at some time in the future, federal taxation laws allow the use of tax-exempt bonds to provide loans for the acquisition of farm or ranch land, a downpayment on the acquisition of farm or ranch land, or the acquisition or construction of depreciable property used in the operation of a farm or ranch, the allocation of bonding authority originally assigned to the Montana agricultural loan authority must be reassigned to the Montana board of investments to provide those loans.

Source: official Montana text · Last verified 2026-08-27

Frequently Asked Questions About Montana § 17-5-1325

What does Montana Code Annotated § 17-5-1325 cover?

Section 17-5-1325 ("Reassignment Of Bonding Authority For Agricultural Purposes -- Contingency") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Montana § 17-5-1325?

A common citation format is "Montana Code Annotated § 17-5-1325" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Montana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.

How does Montana § 17-5-1325 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Montana.