Montana § 85-7-1432 - Presumptions Of Validity Of Bonds
Full text of Montana Montana Code Annotated § 85-7-1432 — Presumptions Of Validity Of Bonds, with citation guidance and answers to common questions.
§ 85-7-1432. Presumptions Of Validity Of Bonds
Presumptions of validity of bonds. (1) Bonds bearing the signatures of officers in office on the date of the signing of the bonds are valid obligations, notwithstanding that before the delivery of the bonds and payment for the bonds, any of the persons whose signatures appear on the bonds have ceased to be officers. (2) The validity of the bonds is not dependent on the validity or regularity of any proceedings relating to the acquisition, construction, or improvement of the undertaking for which the bonds are issued. (3) The resolution authorizing the bonds may provide that the bonds must contain a recital that they are issued pursuant to this part, which recital is conclusive evidence of their validity and of the regularity of the issuance.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 85-7-1432
What does Montana Code Annotated § 85-7-1432 cover?
Section 85-7-1432 ("Presumptions Of Validity Of 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 § 85-7-1432?
A common citation format is "Montana Code Annotated § 85-7-1432" (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 § 85-7-1432 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.