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Current as of January 01, 2024 | Updated by Findlaw Staff
(1) A grant does not accrue interest, but is contingent on the funds being used for the specified purpose.
(2) The council may make a grant of up to $50,000 if an application meets all of the criteria set forth in 90-9-308 and 90-9-311 and one of the following applies:
(a) the proposal will benefit agricultural companies in addition to the applicant;
(b) the proposal will accomplish research that benefits agriculture as a whole; or
(c) the applicant is a nonprofit entity.
(3) The council may award a grant of up to $2,500 for educational, promotional, marketing, travel, or other business expenses related to agricultural development. These grants are not subject to the criteria set forth in 90-9-308 or 90-9-311.
Cite this article: FindLaw.com - Montana Title 90. Planning, Research, and Development § 90-9-310. Terms and conditions of grants - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-90-planning-research-and-development/mt-st-90-9-310/
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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