Montana § 7-7-2237 - Percentage Of Electors Required To Authorize Bond Issue

§ 7-7-2237. Percentage Of Electors Required To Authorize Bond Issue

Percentage of electors required to authorize bond issue. Whenever the question of issuing county bonds for any purpose is submitted to the registered electors of a county, the determination of the approval or rejection of the bond proposition is made in the following manner: (1) determine the total number of electors who were qualified to vote in the bond election; (2) determine the total number of qualified electors who voted in the bond election from the tally sheet or sheets for the election; (3) calculate the percentage of qualified electors voting in the bond election by dividing the number determined in subsection (2) by the number determined in subsection (1); and (4) when the calculated percentage in subsection (3) is 40% or more, the bond proposition is considered approved and adopted if a majority of the votes cast were in favor of the proposition, otherwise it is considered rejected; or (5) when the calculated percentage in subsection (3) is more than 30% but less than 40%, the bond proposition is considered approved and adopted if 60% or more of the votes cast were in favor of the proposition, otherwise it is considered rejected; or (6) when the calculated percentage in subsection (3) is 30% or less, the bond proposition is considered rejected.