{"data":{"id":"us-mt/7-15-4528","jurisdiction":"us-mt","citation":"7-15-4528","heading":"Use of bond trustee.","body":"In connection with the issuance of bonds or the incurring of any obligation under a lease and in order to secure the payment of the bonds or obligations, the authority may:\n(1) vest in a trustee the right to enforce any covenant made to secure the payment of the bonds or obligations;\n(2) provide for the powers and duties of the trustee and limit the trustee's liabilities; and\n(3) provide the terms and conditions upon which the trustee or a designated proportion of the holders of bonds may enforce any covenant.","path":["TITLE 7. LOCAL GOVERNMENT","CHAPTER 15. HOUSING AND CONSTRUCTION","Part 45. Municipal Housing Authorities Continued"],"source_url":"https://mca.legmt.gov/bills/mca/title_0070/chapter_0150/part_0450/section_0280/0070-0150-0450-0280.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:45:33Z","sha256":"2d4fc6d6e5ad4f950361395e99f01040da444ae8b4728e0561b4667555935d9d","source_id":"us-mt","stale":false,"prev":"us-mt/7-15-4527","next":"us-mt/7-15-4529"},"notice":"GroundRules: Original legal text. Not legal advice."}
