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2019 Montana Code Annotated
Title 7. Local Government
Chapter 12. Improvement Districts
Part 42. Special Improvement Districts Continued
7-12-4249. Meaning of term deficiency
Universal Citation: MT Code § 7-12-4249 (2019)
7-12-4249. Meaning of term deficiency. A deficiency shall exist in any district fund whenever principal and interest is due and there is no money in the fund to pay the same.
History: En. Sec. 5, Ch. 260, L. 1947; R.C.M. 1947, 11-2278(part).
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