Montana Statutes
§ 17-1-201 — Issuance Of Notes In Anticipation Of Revenue
17-1-201 . Issuance of notes in anticipation of revenue.
(1)The board of examiners, upon recommendation of the department of administration, may issue notes in anticipation of the receipt of taxes or revenues, direct or indirect, as the legal demands on the treasury during any fiscal year render it necessary.
(2)The notes issued in any fiscal year shall be for the purposes and within the amounts of appropriations made for the fiscal year and must be designated tax or revenue anticipation notes. Appropriations during any biennium are limited to projected revenue, exclusive of notes issued in anticipation of revenue.
Free access — add to your briefcase to read the full text and ask questions with AI
Montana § 17-1-201 (Issuance Of Notes In Anticipation Of Revenue) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 1, Ch. 658, L. 1979.
Nearby Sections
15
§ 17-1-101
Definition Of Department§ 17-1-103
Assistance To Legislature§ 17-1-104
Definitions§ 17-1-105
Statewide Cost Allocation Plan§ 17-1-108
Through 17-1-110 Reserved§ 17-1-111
General Fiscal Duties Of State Treasurer§ 17-1-112
Access To Offices§ 17-1-113
Securities Lending Program§ 17-1-114
Through 17-1-120 Reserved§ 17-1-121
Repealed§ 17-1-123
Repealed