Montana § 75-5-1122 - Creation Of Debt
Full text of Montana Montana Code Annotated § 75-5-1122 — Creation Of Debt, with citation guidance and answers to common questions.
§ 75-5-1122. Creation Of Debt
Creation of debt. The legislature, through the enactment of this law by a two-thirds vote of the members of each house, authorizes the creation of state debt in an amount not to exceed $70 million in principal amount of general obligation bonds outstanding from time to time for the purpose of: (1) funding the program; and (2) funding portions of loans on an interim basis pending receipt of: (a) grant payments from the environmental protection agency for which federal legislation appropriating the proceeds of the grants has been enacted; or (b) other revenue for the program.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 75-5-1122
What does Montana Code Annotated § 75-5-1122 cover?
Section 75-5-1122 ("Creation Of Debt") 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 § 75-5-1122?
A common citation format is "Montana Code Annotated § 75-5-1122" (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 § 75-5-1122 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.