90-4-1109. Contracts and agreements not general obligation of governmental entity

MT Code § 90-4-1109 (2019) (N/A)
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90-4-1109. Contracts and agreements not general obligation of governmental entity. Except as provided in 90-4-1114(1), payment obligations of a governmental entity pursuant to an energy performance contract are not general obligations of the governmental entity and are collectible only from guaranteed cost savings provided in the energy performance contract and other revenue, if any, pledged in the energy performance contract.

History: En. Sec. 9, Ch. 162, L. 2005; amd. Sec. 12, Ch. 439, L. 2009; amd. Sec. 11, Ch. 344, L. 2015.