Table of Contents
TITLE 7. LOCAL GOVERNMENT
CHAPTER 5. GENERAL OPERATION AND CONDUCT OF BUSINESS
Part 43. Municipal Contracts and Franchises
Current Version 2025, 2023, 2021, 2019, 2017, 2015, 2013, 2011, 2009, 2007, 2005, 2003, 2001, 1999, 1997, 1995
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7-5-4301
7-5-4302
7-5-4303
7-5-4304
7-5-4305
7-5-4306
7-5-4307
7-5-4308
7-5-4310
7-5-4315
7-5-4321
7-5-4322
Mont. Code Ann. § 7-5-4306
(2005)

Use of installment purchase contract

When the amount to be paid under an installment purchase contract exceeds $4,000, the council may provide for the payment of the amount in installments extending over a period of not more than 10 years if at the time of entering into the contract, there is an unexpended balance of appropriation in the budget for the then-current fiscal year available and sufficient to pay for the portion of the contract price payable during the then-current fiscal year. The budget for each following year in which any portion of the purchase price is to be paid must contain an appropriation for the purpose of paying that portion. The limitations contained in this section do not apply to installment purchase contracts entered into pursuant to 7-7-4104.

Official Annotations
History:
En. Sec. 1, Ch. 48, L. 1907
Sec. 3278, Rev. C. 1907
Re-en. Sec. 5070, R.C.M. 1921
Amd. Sec. 1, Ch. 22, L. 1927
Re-en. Sec. 5070, R.C.M. 1935
Amd. Sec. 1, Ch. 18, L. 1939
Amd. Sec. 1, Ch. 59, L. 1941
Amd. Sec. 1, Ch. 153, L. 1947
Amd. Sec. 1, Ch. 139, L. 1949
Amd. Sec. 1, Ch. 220, L. 1959
Amd. Sec. 1, Ch. 26, L. 1963
Amd. Sec. 1, Ch. 121, L. 1969
Amd. Sec. 1, Ch. 371, L. 1971
R.C.M. 1947, 11-1202(part)
Amd. Sec. 2, Ch. 429, L. 1981
Amd. Sec. 2, Ch. 475, L. 1993
Amd. Sec. 3, Ch. 459, L. 1997
Amd. Sec. 2, Ch. 139, L. 1999 (HB 476 - Johnson, Royal (R) HD 10)
Source