Montana § 85-7-2041 - Bankruptcy Proceedings By Irrigation Districts
Full text of Montana Montana Code Annotated § 85-7-2041 — Bankruptcy Proceedings By Irrigation Districts, with citation guidance and answers to common questions.
§ 85-7-2041. Bankruptcy Proceedings By Irrigation Districts
Bankruptcy proceedings by irrigation districts. (1) The board of commissioners or directors of any irrigation district may, in the name and on behalf of such district, initiate and carry out proceedings for readjustment of the debts of such district, under Chapter IX of the federal Bankruptcy Act or similar provisions of any past or future federal bankruptcy act. (2) This section is remedial in its nature and shall be liberally construed to effect its purpose, which is to permit irrigation districts to readjust their debts under federal bankruptcy acts and to confer upon the board of commissioners or directors thereof every power necessary therefor or reasonably incidental thereto.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 85-7-2041
What does Montana Code Annotated § 85-7-2041 cover?
Section 85-7-2041 ("Bankruptcy Proceedings By Irrigation Districts") 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 § 85-7-2041?
A common citation format is "Montana Code Annotated § 85-7-2041" (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 § 85-7-2041 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.