Montana § 7-12-4342 - Details Relating To Lighting District Bonds And Warrants
Full text of Montana Montana Code Annotated § 7-12-4342 — Details Relating To Lighting District Bonds And Warrants, with citation guidance and answers to common questions.
§ 7-12-4342. Details Relating To Lighting District Bonds And Warrants
Details relating to lighting district bonds and warrants. (1) Warrants or bonds issued pursuant to 7-12-4341 must be in the denomination of $100 or fractions or multiples of $100 and may be issued in installments. (2) The warrants or bonds must be redeemed by the treasurer when there is money available for redemption in the fund against which the warrants or bonds are issued and must bear interest from the date of registration of the warrants or bonds until called for redemption or paid in full, interest to be payable annually on January 1 of each year as expressed by the interest coupon attached to the warrant or bond, which may bear the engraved facsimile signature of the mayor and city clerk. (3) The warrants or bonds may extend over a period not to exceed 20 years. (4) The requirements of 7-12-4341 and this section apply to all special improvement lighting districts, including those in the process of formation or to be formed on or after July 1, 1997.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 7-12-4342
What does Montana Code Annotated § 7-12-4342 cover?
Section 7-12-4342 ("Details Relating To Lighting District Bonds And Warrants") 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 § 7-12-4342?
A common citation format is "Montana Code Annotated § 7-12-4342" (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 § 7-12-4342 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.