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Montana · Through Montana Code Annotated 2025

7-7-4214: Zero-coupon 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 42. Municipal General Obligation Bonds

The terms "zero-coupon bonds" and "capital appreciation bonds", as used in Title 7, chapter 7, part 42, mean those forms of bonds that make no periodic interest payments but rather are sold at a discount from their face value.

Collected 2026-09-14T04:45:00Z. Source file · JSON

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