Montana Statutes
§ 67-10-206 — Joint Fund
Montana·Title 67 AERONAUTICS·Ch. 10 MUNICIPAL AIRPORTS·Part 2 General Powers of Municipality Relating to Airports
67-10-206 . Joint fund. For the purpose of providing a joint board with moneys for the necessary expenditures in carrying out the provisions of 67-10-204 and 67-10-205 , a joint fund shall be created and maintained into which shall be deposited the share of each of the constituent public agencies as provided by the joint agreement. Each of the constituent public agencies shall provide its share of the fund from sources available to each. Any federal, state, or other contributions or loans and the revenues obtained from the joint ownership, control, and operation of any airport or air navigation facility under the jurisdiction of the joint board shall be paid into the joint fund. Disbursements from such fund shall be made by order of the board, subject to the limitations prescribed in 67-10
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Legislative History
En. Sec. 14, Ch. 288, L. 1947; amd. Sec. 1, Ch. 10, L. 1975; R.C.M. 1947, 1-821(e).
Nearby Sections
15
§ 67-10-101
Short Title§ 67-10-102
Acquisition And Establishment Of Airports§ 67-10-103
Public Purpose§ 67-10-104
Construction§ 67-10-201
General Municipal Powers§ 67-10-202
Creation Of Board -- Funding -- Rules§ 67-10-203
Mutual Assistance§ 67-10-204
Joint Exercise Of Powers§ 67-10-205
Joint Airport Board§ 67-10-206
Joint Fund§ 67-10-207
Supplementary Powers§ 67-10-208
Through 67-10-210 Reserved§ 67-10-212
Through 67-10-220 Reserved