§ 75-6-301 Short title
§ 75-6-302 Purpose
§ 75-6-303 Liberal construction
§ 75-6-304 Definitions
§ 75-6-305 Joint exercise of powers by certain public agencies — agreements among agencies — filing of agreement — prohibition against competition — retirement of bonds — consent of public agency
§ 75-6-306 Furnishing of funds, personnel, or services by certain public agencies — agreements for purchase, sale, distribution, transmission, transportation, and treatment of water or wastewater — terms and conditions
§ 75-6-310 Declaration of authority organization — when public body, corporate and politic
§ 75-6-311 Governing body — appointments — terms of members — voting rights
§ 75-6-312 Meetings of governing body — annual audit
§ 75-6-313 Powers of governing body
§ 75-6-320 Revenue bonds
§ 75-6-321 Items included in cost of properties
§ 75-6-322 Trust indenture
§ 75-6-323 Sinking fund for revenue bonds
§ 75-6-324 Collection of revenue and enforcement of covenants — default — suit to compel performance — appointment and powers of receiver
§ 75-6-325 Statutory mortgage lien
§ 75-6-326 Rates, fees, and charges — establishment and changes
§ 75-6-327 Refunding revenue bonds
§ 75-6-328 Exemption from taxation
§ 75-6-329 Bonds as legal investment

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Terms Used In Montana Code > Title 75 > Chapter 6 > Part 3 - Regional Water and Wastewater Authority Act

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • 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
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • 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.
  • United States: includes the District of Columbia and the territories. See Montana Code 1-1-201