Montana § 75-10-626 Agreement With Department Of Environmental Quality

Montana Statutes

§ 75-10-626 — Agreement With Department Of Environmental Quality

Montana § 75-10-626

Title 75ENVIRONMENTAL PROTECTION

Ch. 10WASTE AND LITTER CONTROL

Part 6State Participation in CERCLA

This text of Montana § 75-10-626 (Agreement With Department Of Environmental Quality) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 75-10-626 (2026).

Text

75-10-626 . Agreement with department of environmental quality. For the proceeds of bonds or notes authorized by this part, the board of examiners and the department of environmental quality may enter into an agreement under the terms of which the department shall pay the state treasurer, for deposit in accordance with 17-2-101 through 17-2-107 , as determined by the state treasurer, an amount sufficient to pay the principal and interest as due on the bonds or notes and to accumulate and maintain reserves as may be required under the bonds. The agreement must further provide that income from the investment of bond proceeds and the reserves not required for the purposes presented in 75-10-625 must be credited against the department's payment obligation. The agreement must also allow for the

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75-10-626 . Agreement with department of environmental quality. For the proceeds of bonds or notes authorized by this part, the board of examiners and the department of environmental quality may enter into an agreement under the terms of which the department shall pay the state treasurer, for deposit in accordance with 17-2-101 through 17-2-107 , as determined by the state treasurer, an amount sufficient to pay the principal and interest as due on the bonds or notes and to accumulate and maintain reserves as may be required under the bonds. The agreement must further provide that income from the investment of bond proceeds and the reserves not required for the purposes presented in 75-10-625 must be credited against the department's payment obligation. The agreement must also allow for the accumulation of reserves during the first year that the bonds are outstanding, if required. Payments by the department must be made from available funds.