Montana § 2-17-1203 - Authority To Use State Building Construction Loans
Full text of Montana Montana Code Annotated § 2-17-1203 — Authority To Use State Building Construction Loans, with citation guidance and answers to common questions.
§ 2-17-1203. Authority To Use State Building Construction Loans
Authority to use state building construction loans. (1) If a public agency is otherwise authorized to borrow money by obtaining a loan to finance the construction of one or more of its buildings, the public agency may obtain a state building construction loan in accordance with this part to finance all or a portion of the costs of the construction of one or more of its buildings. (2) A public agency must obtain a state building construction loan by requesting interest rate proposals from multiple financial institutions that will not be acting as underwriters with respect to the state building construction loan. (3) In the materials that solicit interest rate proposals for the state building construction loan, the public agency shall provide that it will evaluate the proposals based solely on interest rate and the solicitation materials must describe the provisions of 2-17-1204 .
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 2-17-1203
What does Montana Code Annotated § 2-17-1203 cover?
Section 2-17-1203 ("Authority To Use State Building Construction Loans") 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 § 2-17-1203?
A common citation format is "Montana Code Annotated § 2-17-1203" (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 § 2-17-1203 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.