Montana § 7-14-2524 - Limitation On Amount Of Bonds Issued
Full text of Montana Montana Code Annotated § 7-14-2524 — Limitation On Amount Of Bonds Issued, with citation guidance and answers to common questions.
§ 7-14-2524. Limitation On Amount Of Bonds Issued
Limitation on amount of bonds issued. (1) Except as otherwise provided in 7-7-2203 , 7-7-2204 , and this section, a county may not issue bonds in an amount that, with all outstanding bonds and warrants except emergency bonds, exceeds 0.68% of the total assessed value of taxable property, determined as provided in 15-8-111 , within the county, as ascertained by the last assessment for state and county taxes. (2) A county may issue bonds in an amount that, with all outstanding bonds and warrants, exceeds 0.68% but does not exceed 2.5% of the total assessed value of taxable property, determined as provided in 15-8-111 , when necessary for the purpose of replacing, rebuilding, or repairing county buildings, bridges, or highways that have been destroyed or damaged by an act of God or by a disaster, catastrophe, or accident. (3) The value of the bonds issued and all other outstanding indebtedness of the county may not exceed 2.5% of the total assessed value of taxable property, determined as provided in 15-8-111 , within the county, as ascertained by the last assessment for state and county taxes prior to the issuance of the bonds.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 7-14-2524
What does Montana Code Annotated § 7-14-2524 cover?
Section 7-14-2524 ("Limitation On Amount Of Bonds Issued") 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 § 7-14-2524?
A common citation format is "Montana Code Annotated § 7-14-2524" (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 § 7-14-2524 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.