{"data":{"id":"us-mt/17-5-1325","jurisdiction":"us-mt","citation":"17-5-1325","heading":"Reassignment of bonding authority for agricultural purposes -- contingency.","body":"If, at some time in the future, federal taxation laws allow the use of tax-exempt bonds to provide loans for the acquisition of farm or ranch land, a downpayment on the acquisition of farm or ranch land, or the acquisition or construction of depreciable property used in the operation of a farm or ranch, the allocation of bonding authority originally assigned to the Montana agricultural loan authority must be reassigned to the Montana board of investments to provide those loans.","path":["TITLE 17. STATE FINANCE","CHAPTER 5. PUBLIC BOND ISSUES","Part 13. Montana Unified Volume Cap Bond Allocation Plan Act"],"source_url":"https://mca.legmt.gov/bills/mca/title_0170/chapter_0050/part_0130/section_0250/0170-0050-0130-0250.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:48:15Z","sha256":"27a3db55d7fb4b75583d1c643208afb12e5518eb872ed9b223eceacb3045a9c3","source_id":"us-mt","stale":false,"prev":"us-mt/17-5-1324","next":"us-mt/17-5-1501"},"notice":"GroundRules: Original legal text. Not legal advice."}