Montana § 7-13-154 - Loans From Reserve Fund To Bond Fund As Lien
Full text of Montana Montana Code Annotated § 7-13-154 — Loans From Reserve Fund To Bond Fund As Lien, with citation guidance and answers to common questions.
§ 7-13-154. Loans From Reserve Fund To Bond Fund As Lien
Loans from reserve fund to bond fund as lien. (1) Whenever any loan is made to any bond fund from the reserve fund, the reserve fund shall have a lien therefor on the land within the district which is delinquent in the payment of its assessments; on all unpaid assessments and installments of assessments on the district, whether delinquent or not; and on all money thereafter coming into the bond fund to the amount of such loan, together with interest thereon from the time it was made at the rate or percentage borne by the bond for payment of which or of interest thereon such loan was made. (2) If, after all the bonds of the district have been fully paid and all money remaining in the bond fund has been transferred to the reserve fund, there still remains a debt from the district to the reserve fund, the board of county commissioners may foreclose the lien upon property within the district owing unpaid assessments to the district for the purpose of paying off said loan to the reserve fund.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 7-13-154
What does Montana Code Annotated § 7-13-154 cover?
Section 7-13-154 ("Loans From Reserve Fund To Bond Fund As Lien") 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 § 7-13-154?
A common citation format is "Montana Code Annotated § 7-13-154" (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 § 7-13-154 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.