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Montana Title 17. State Finance § 17-5-1604. Definitions

Current as of January 01, 2024 | Updated by FindLaw Staff

As used in this part, the following definitions apply:

(1) “Board” means the board of investments created in 2-15-1808.

(2) “Department” means the department of commerce created in 2-15-1801.

(3) “Eligible government unit” means:

(a) any municipal corporation or political subdivision of the state, including without limitation any city, town, county, school district, authority as defined in 75-6-304, or other special taxing district or assessment or service district authorized by law to borrow money;

(b) the state, any board, agency, or department of the state, or the board of regents of the Montana university system when authorized by law to borrow money; or

(c) an Indian tribal government, in accordance with 17-1-702.

(4) “Reserve fund” means the municipal finance consolidation act reserve fund created in 17-5-1630.

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Cite this article: FindLaw.com - Montana Title 17. State Finance § 17-5-1604. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-17-state-finance/mt-code-ann-sect-17-5-1604/

Read this complete Montana Title 17. State Finance § 17-5-1604. Definitions on Westlaw

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