Montana § 7-7-2112 - Investment Of Certain Construction Bond Proceeds
Full text of Montana Montana Code Annotated § 7-7-2112 — Investment Of Certain Construction Bond Proceeds, with citation guidance and answers to common questions.
§ 7-7-2112. Investment Of Certain Construction Bond Proceeds
Investment of certain construction bond proceeds. (1) Public funds realized from the sale of bonds by a county for the purpose of constructing public buildings or for other construction may be invested in any time or savings deposits, United States certificates of indebtedness, United States treasury notes, or United States treasury bonds having a maturity date of 1 year or less, when emergency conditions beyond the control of the county commissioners exist which preclude the construction of the projects for which the bonds were issued at the time such investments are made. (2) Interest earned from such investments, including interest on the sale of bonds accrued in the period between the date of issue and the time of purchase, shall be credited to the sinking fund of the county, notwithstanding the provisions of 7-6-204 (1). (3) No provision of this section may be construed to prevent the investment of county or county high school money under the state unified investment program established in Title 17, chapter 6, part 2.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 7-7-2112
What does Montana Code Annotated § 7-7-2112 cover?
Section 7-7-2112 ("Investment Of Certain Construction Bond Proceeds") 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 § 7-7-2112?
A common citation format is "Montana Code Annotated § 7-7-2112" (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 § 7-7-2112 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.