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Montana Title 7. Local Government § 7-12-4226. Investment of surplus reserves

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

Surplus reserves not needed for immediate use may from time to time be invested in securities of the United States or certificates of deposit approved by the city council. The interest earned from such investments shall be placed to the credit of the revolving fund.

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Cite this article: FindLaw.com - Montana Title 7. Local Government § 7-12-4226. Investment of surplus reserves - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-7-local-government/mt-st-7-12-4226/

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