Montana Code > Title 17 > Chapter 5 > Part 7 – Coal Severance Tax Bonds — Water Development
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Montana Code > Title 17 > Chapter 5 > Part 7 - Coal Severance Tax Bonds -- Water Development
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Customary: means according to usage. See Montana Code 1-1-206
- Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
- Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
- Property: means real and personal property. See Montana Code 1-1-205
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
- Trustee: A person or institution holding and administering property in trust.
- Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
- United States: includes the District of Columbia and the territories. See Montana Code 1-1-201