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Current as of January 01, 2024 | Updated by Findlaw Staff
Any funds without interest deposited in the revolving fund under 7-12-4169(2) less the amount of any loan to the district fund not repaid may be returned to the owners of record of the property of the district in direct proportion of the original assessment on each piece of property, or as an alternative a municipality may transfer the funds placed in the revolving fund as a result of 7-12-4169(2) to the general fund after the final payment of the district's bonds or warrants is paid.
Cite this article: FindLaw.com - Montana Title 7. Local Government § 7-12-4229. Disposal of funds deposited in revolving fund - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-7-local-government/mt-st-7-12-4229/
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