{"data":{"id":"us-mt/7-14-236","jurisdiction":"us-mt","citation":"7-14-236","heading":"Limitation on bonded indebtedness.","body":"The amount of bonds issued to provide funds for the district and outstanding at any time may not exceed 1.51% of the total assessed value of taxable property, determined as provided in 15-8-111, within the district, as ascertained by the last assessment for state and county taxes prior to the issuance of the bonds.","path":["TITLE 7. LOCAL GOVERNMENT","CHAPTER 14. TRANSPORTATION","Part 2. Urban Transportation Districts"],"source_url":"https://mca.legmt.gov/bills/mca/title_0070/chapter_0140/part_0020/section_0360/0070-0140-0020-0360.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:45:22Z","sha256":"75773dc9e2dcd5a495787ce0c0d6e569cd30242b9550ac1044231edb14c65e61","source_id":"us-mt","stale":false,"prev":"us-mt/7-14-235","next":"us-mt/7-14-237"},"notice":"GroundRules: Original legal text. Not legal advice."}