Loans -- purchase of bonds and notes
Known as the Montana Facility Finance Authority Act
The act spans §§ 90–90 (46 sections).
En
Subject to the provisions of Title 17, chapter 6, the board of investments may, upon terms and conditions as the board considers reasonable:
(1) loan money to the authority for deposit in the capital reserve account; and
(2) purchase bonds and notes issued by the authority.
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.