Montana § 7-15-4528 - Use Of Bond Trustee

Full text of Montana Montana Code Annotated § 7-15-4528 — Use Of Bond Trustee, with citation guidance and answers to common questions.

§ 7-15-4528. Use Of Bond Trustee

Use of bond trustee. In connection with the issuance of bonds or the incurring of any obligation under a lease and in order to secure the payment of the bonds or obligations, the authority may: (1) vest in a trustee the right to enforce any covenant made to secure the payment of the bonds or obligations; (2) provide for the powers and duties of the trustee and limit the trustee's liabilities; and (3) provide the terms and conditions upon which the trustee or a designated proportion of the holders of bonds may enforce any covenant.

Source: official Montana text · Last verified 2026-08-27

Frequently Asked Questions About Montana § 7-15-4528

What does Montana Code Annotated § 7-15-4528 cover?

Section 7-15-4528 ("Use Of Bond Trustee") 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 § 7-15-4528?

A common citation format is "Montana Code Annotated § 7-15-4528" (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 § 7-15-4528 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.