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Current as of January 01, 2024 | Updated by Findlaw Staff
(1) By December 31 of each year, the board shall publish a financial report for distribution to the governor, the legislature, and the public. Except as provided in subsection (2), distribution to the legislature is accomplished by providing a copy to a legislator on request.
(2) Subject to 5-11-222(5), a report demonstrating the requirements of subsections (1) and (3) must be provided to the legislature in accordance with 5-11-210.
(3) The report must include:
(a) a statement of the board's current financial position with respect to its activities under this part;
(b) a summary of its activities pursuant to this part during the previous year including:
(i) a listing of the eligible governmental securities purchased by the board;
(ii) a listing of the bonds and notes sold by the board; and
(iii) a summary of the performance of any other investments of the board's funds received under this part;
(c) an estimate of the levels of activities for the next year; and
(d) a comparison of the activities during the previous year with the estimates of those activities that were made in the previous annual report.
Cite this article: FindLaw.com - Montana Title 17. State Finance § 17-5-1650. Annual report - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-17-state-finance/mt-st-17-5-1650/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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