Bonds issued by the authority are negotiable instruments under the Uniform Commercial Code, subject only to the provisions for registration of bonds.
Mont. Code Ann. § 80-12-304
Negotiability of bonds
Known as the Montana Agricultural Loan Authority Act
The act spans §§ 80–80 (31 sections).
En
Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.