Montana Statutes
§ 17-1-403 — Reinvestment Of Growth And Opportunity Trust
Montana·Title 17 STATE FINANCE·Ch. 1 GENERAL ADMINISTRATION·Part 4 Montana Growth and Opportunity Trust
17-1-403 . Reinvestment of growth and opportunity trust. Transfers into the reinvestment portion of the Montana growth and opportunity trust established in 17-1-401 are allocated as follows:
(1)80% to the pension fund provided for in 17-7-135 until the balance in the fund equals $1 billion; and
(2)20% to a Montana housing trust provided for in 90-6-150 until the balance in the Montana housing trust equals $500 million.
(3)Any remaining transfer amount must remain in the reinvestment portion of the trust and is not allocated to any purpose.
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Legislative History
En. Sec. 3, Ch. 775, L. 2025.
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Repealed§ 17-1-123
Repealed