Montana § 17-5-1525 - Bonds As Legal Investment
Full text of Montana Montana Code Annotated § 17-5-1525 — Bonds As Legal Investment, with citation guidance and answers to common questions.
§ 17-5-1525. Bonds As Legal Investment
Bonds as legal investment. (1) Bonds issued by the board under the provisions of this part are securities in which all funds may be legally and properly invested, including capital in the control of or belonging to: (a) public officers and public bodies of the state and its political subdivisions; (b) insurance companies; (c) credit unions, building and loan associations, investment companies, savings banks, banking associations, and trust companies; (d) executors, administrators, trustees, and other fiduciaries; and (e) pension, profit-sharing, and retirement funds. (2) Bonds issued under 17-5-1505 through 17-5-1518 and 17-5-1521 through 17-5-1529 are securities that may properly and legally be deposited with and received by any state or municipal officer or any agency or municipality of the state for any purpose for which the deposit of bonds or obligations of the state is now or may hereafter be authorized by law.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 17-5-1525
What does Montana Code Annotated § 17-5-1525 cover?
Section 17-5-1525 ("Bonds As Legal Investment") 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 § 17-5-1525?
A common citation format is "Montana Code Annotated § 17-5-1525" (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 § 17-5-1525 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.