Montana § 7-12-4224 - Lien Arising Due To Loan From Revolving Fund
Full text of Montana Montana Code Annotated § 7-12-4224 — Lien Arising Due To Loan From Revolving Fund, with citation guidance and answers to common questions.
§ 7-12-4224. Lien Arising Due To Loan From Revolving Fund
Lien arising due to loan from revolving fund. Whenever any loan is made to any special improvement district fund or sidewalk, curb, and alley approach warrants from the revolving fund, the revolving fund has a lien for the amount of the loan on all unpaid assessments and installments of assessments on the district, whether delinquent or not. The lien also applies to all money coming into the district fund up to the amount of the loan, together with interest on the loan from the time it was made, at the interest rate that is borne by the bond or warrant for which the loan was made and that was determined at the time the loan was made, even if the interest rate on the bond or warrant subsequently changes.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 7-12-4224
What does Montana Code Annotated § 7-12-4224 cover?
Section 7-12-4224 ("Lien Arising Due To Loan From Revolving Fund") 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 § 7-12-4224?
A common citation format is "Montana Code Annotated § 7-12-4224" (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 § 7-12-4224 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.