Montana § 17-1-201 Issuance Of Notes In Anticipation Of Revenue

Montana Statutes

§ 17-1-201 — Issuance Of Notes In Anticipation Of Revenue

Montana § 17-1-201

Title 17STATE FINANCE

Ch. 1GENERAL ADMINISTRATION

Part 2Anticipation of Revenue

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Bluebook

Mont. Code Ann. § 17-1-201 (2026).

Text

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.

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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.