Montana Code > Title 7 > Chapter 7 > Part 41 – General Provisions Related to Municipalities


§ 7-7-4101	Purposes for which indebtedness may be incurred
§ 7-7-4102	Investment of certain bond proceeds
§ 7-7-4103	General qualifications to vote on questions of municipal indebtedness
§ 7-7-4104	Incurrence of certain general obligations
§ 7-7-4111	Renumbered 7-7-132
§ 7-7-4112	Renumbered 7-7-133
§ 7-7-4113	Renumbered 7-7-134

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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.
Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
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.
Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
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
United States: includes the District of Columbia and the territories. See Montana Code 1-1-201