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Montana Title 80. Agriculture § 80-11-602. Account established--sources--use--expenditures

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

(1) There is an account in the state special revenue fund. The following must be placed in the account:

(a) the proceeds from all gifts, grants, or donations to the department for development and administration of the state organic certification plan and program authorized under 80-11-601;

(b) proceeds of assessments, penalties, and other money collected pursuant to a state organic certification program when implemented pursuant to 80-11-601.

(2) The account must be maintained for the purposes of 80-11-601 and must be separate from all other accounts of the department.

(3) The department may direct the board of investments to invest funds from the account pursuant to the provisions of the unified investment program for state funds. The income from those investments must be credited to the account established in this section.

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Cite this article: FindLaw.com - Montana Title 80. Agriculture § 80-11-602. Account established--sources--use--expenditures - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-80-agriculture/mt-code-ann-sect-80-11-602/

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