Montana § 60-11-123 Disposition Of Revenue From State-Owned Railroads -- Use Of Money

Montana Statutes

§ 60-11-123 — Disposition Of Revenue From State-Owned Railroads -- Use Of Money

Montana § 60-11-123

Title 60HIGHWAYS AND TRANSPORTATION

Ch. 11RAIL TRANSPORTATION

Part 1General Provisions

This text of Montana § 60-11-123 (Disposition Of Revenue From State-Owned Railroads -- Use Of Money) 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. § 60-11-123 (2026).

Text

60-11-123 . Disposition of revenue from state-owned railroads -- use of money.

(1)Unless otherwise required by law, revenue from the lease or sale of assets of or revenue paid to the state of Montana by an operator of a railroad owned by the state of Montana must be deposited in the state general fund.

(2)The department of transportation is authorized to administer, as provided in 60-11-120 through 60-11-123 , funding available to provide for improvement of railroad tracks and associated facilities of any state-owned railroad in Montana and to provide loans and grants to railroad lines and intermodal transportation facilities as provided in 60-11-120 .

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60-11-123 . Disposition of revenue from state-owned railroads -- use of money. (1) Unless otherwise required by law, revenue from the lease or sale of assets of or revenue paid to the state of Montana by an operator of a railroad owned by the state of Montana must be deposited in the state general fund.
(2) The department of transportation is authorized to administer, as provided in 60-11-120 through 60-11-123 , funding available to provide for improvement of railroad tracks and associated facilities of any state-owned railroad in Montana and to provide loans and grants to railroad lines and intermodal transportation facilities as provided in 60-11-120 .