Mont. Code Ann. § 7-2-4911
This is the official text of Mont. Code Ann. § 7-2-4911, part of Montana’s Code Ann — part of the compiled statutory law of Montana, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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7-2-4911 Certification of financial condition
Official statutory text
7-2-4911 . Certification of financial condition. (1) Upon receiving a certified copy of the order of disincorporation, the director of the department of administration shall certify a current statement of the financial condition of the disincorporating city or town to the board of county commissioners.
(2) The statement must include but is not limited to:
(a) a determination of all assets of the city or town, including any current or delinquent utility accounts and taxes receivable; and
(b) a statement of all city or town indebtedness, including any revenue or general obligation bonds, special improvement district obligations outstanding, contracts payable, all other obligations of the city, and a schedule for the repayment of indebtedness.
(2) The statement must include but is not limited to:
(a) a determination of all assets of the city or town, including any current or delinquent utility accounts and taxes receivable; and
(b) a statement of all city or town indebtedness, including any revenue or general obligation bonds, special improvement district obligations outstanding, contracts payable, all other obligations of the city, and a schedule for the repayment of indebtedness.
Status: in_force · Read it on the official government site
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