The bill extends the application of the Bond Validating Act, specifically amending Section 17-5-205 of the Montana Code Annotated (MCA). The amendment removes the previous effective date of March 16, 2023, allowing the act to apply to bonds issued and proceedings taken prior to this date, thereby broadening its scope.
Additionally, the bill establishes an immediate effective date upon passage and approval, ensuring that the changes take effect without delay. This legislative action aims to provide clarity and continuity regarding the validation of bonds in Montana.
Statutes affected: LC Text: 17-5-205