2005 Montana Code Annotated - 85-9-622 — Issuance of bonds - determination of amount.

     85-9-622. Issuance of bonds -- determination of amount. In determining the amount of bonds to be issued, the directors may include:
     (1) all costs of works;
     (2) all costs and estimated costs of issuance of the bonds;
     (3) interest which they estimate will accrue on money borrowed during the construction period and for 6 months after the period.

     History: En. Sec. 27, Ch. 100, L. 1969; R.C.M. 1947, 89-3427.