Montana § 85-1-305 - Use Of Trust Indenture To Secure Bonds
Full text of Montana Montana Code Annotated § 85-1-305 — Use Of Trust Indenture To Secure Bonds, with citation guidance and answers to common questions.
§ 85-1-305. Use Of Trust Indenture To Secure Bonds
Use of trust indenture to secure bonds. In the discretion of the department, a series of the bonds may be secured by a trust indenture by and between the department and a corporate trustee, which may be any trust company or bank having the powers of a trust company within or outside of the state. Each trust indenture or an executed counterpart must be filed in the office of the secretary of state. The filing of a trust indenture or an executed counterpart in the office of the county clerk of the county in which the property covered by the trust indenture is located is constructive notice of its contents to all persons from the time of the filing, and the recording of the trust indenture or its contents is not necessary.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 85-1-305
What does Montana Code Annotated § 85-1-305 cover?
Section 85-1-305 ("Use Of Trust Indenture To Secure Bonds") 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 § 85-1-305?
A common citation format is "Montana Code Annotated § 85-1-305" (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 § 85-1-305 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.