Statutes > Montana Statutes > TITLE 32. FINANCIAL INSTITUTIONS > CHAPTER 4. DEVELOPMENT CORPORATION ACT > Part 1. General Provisions > 32-4-103. Credit of state and local governments not pledged.

32-4-103. Credit of state and local governments not pledged.


     32-4-103. Credit of state and local governments not pledged. Under no circumstances is the credit of the state, county, or municipal governments or their agencies or authorities pledged under this chapter.

     History: En. Sec. 17, Ch. 128, L. 1969; R.C.M. 1947, 15-2617; amd. Sec. 1, Ch. 497, L. 1989.