85-7-2131. Funds for payment of each series of bonds to be kept distinct. When more than one series of bonds shall have been issued by a district, the funds for the payment of each series shall be kept separate and distinct. When contract is made between the district and the United States, accompanying which bonds of the district have not been deposited with the United States, as provided in 85-7-1906, the funds for the payment to be made under any such contract shall be kept separate and distinct.

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Terms Used In Montana Code 85-7-2131

  • Contract: A legal written agreement that becomes binding when signed.
  • United States: includes the District of Columbia and the territories. See Montana Code 1-1-201