{"data":{"id":"us-mt/7-6-1101","jurisdiction":"us-mt","citation":"7-6-1101","heading":"Definitions.","body":"As used in this part, unless the context clearly requires otherwise, the following definitions apply:\n(1) \"Governing body\" means the legislative authority of a local government, by whatever name designated.\n(2) \"Gross proceeds obligations\" are tax anticipation notes or revenue anticipation notes that mature at a time not to exceed 5 years from the date issued and are secured by the collection of certain coal gross proceeds taxes, interest, and penalties pursuant to 15-23-708.\n(3) \"Local government\" means any city, town, county, consolidated city-county, or school district.\n(4) \"Ordinance\" means an ordinance or resolution of the local government.\n(5) \"Short-term obligations\" are tax anticipation notes or revenue anticipation notes that mature at a time not to exceed 13 months from the date issued.","path":["TITLE 7. LOCAL GOVERNMENT","CHAPTER 6. FINANCIAL ADMINISTRATION AND TAXATION","Part 11. Tax and Revenue Anticipation Notes"],"source_url":"https://mca.legmt.gov/bills/mca/title_0070/chapter_0060/part_0110/section_0010/0070-0060-0110-0010.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:44:49Z","sha256":"5dcc6e8d1523a7fdccc1c3b38a9ebd56263db8b3fc9641b9ef4f142e9f49ee04","source_id":"us-mt","stale":false,"prev":"us-mt/7-6-622","next":"us-mt/7-6-1102"},"notice":"GroundRules: Original legal text. Not legal advice."}