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Montana · Through Montana Code Annotated 2025

7-7-2215: Zero-coupon bonds and capital appreciation bonds.

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Where this section sits in the code
  1. TITLE 7. LOCAL GOVERNMENT
  2. CHAPTER 7. DEBT MANAGEMENT
  3. Part 22. County General Obligation Bonds

The terms "zero-coupon bonds" and "capital appreciation bonds", as used in this part, mean those forms of bonds that do not make periodic interest payments but, rather, are sold at a discount from their face value.

Collected 2026-09-14T04:44:58Z. Source file · JSON

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