{"data":{"id":"us-mt/7-7-2212","jurisdiction":"us-mt","citation":"7-7-2212","heading":"Citizen bonds authorized.","body":"(1) A county authorized to sell general obligation bonds under this chapter may issue and sell a portion of the bonds in denominations of less than $5,000 by:\n(a) competitive public sale, directly to members of the public, at preestablished interest rates; or\n(b) private sale pursuant to 17-5-107.\n(2) Bonds issued under 7-7-2212 through 7-7-2215 may be known as \"citizen bonds\".\n(3) Citizen bonds may be issued for any purpose for which a county may issue general obligation bonds.\n(4) An officer, employee, contracted financial consultant, or contracted adviser employed or retained by a county selling citizen bonds may not purchase those bonds.","path":["TITLE 7. LOCAL GOVERNMENT","CHAPTER 7. DEBT MANAGEMENT","Part 22. County General Obligation Bonds"],"source_url":"https://mca.legmt.gov/bills/mca/title_0070/chapter_0070/part_0220/section_0120/0070-0070-0220-0120.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:44:58Z","sha256":"990d2ec58b1891a86b7e628f42f65f45d44bc0281e68d4e18a857a78d05d776b","source_id":"us-mt","stale":false,"prev":"us-mt/7-7-2211","next":"us-mt/7-7-2213"},"notice":"GroundRules: Original legal text. Not legal advice."}