Montana § 7-7-4263 - Interest On Late Payments Of Principal And Interest
Full text of Montana Montana Code Annotated § 7-7-4263 — Interest On Late Payments Of Principal And Interest, with citation guidance and answers to common questions.
§ 7-7-4263. Interest On Late Payments Of Principal And Interest
Interest on late payments of principal and interest. Any and all installments of interest or principal of bonds issued under the provisions of this part not promptly paid when due shall draw interest at the rate of 6% per annum from the date due until actually paid, irrespective of the rate of interest on the bonds themselves.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 7-7-4263
What does Montana Code Annotated § 7-7-4263 cover?
Section 7-7-4263 ("Interest On Late Payments Of Principal And Interest") 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 § 7-7-4263?
A common citation format is "Montana Code Annotated § 7-7-4263" (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 § 7-7-4263 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.