Montana Statutes
§ 7-12-4229 — Disposal Of Funds Deposited In Revolving Fund
Montana·Title 7 LOCAL GOVERNMENT·Ch. 12 IMPROVEMENT DISTRICTS·Part 42 Special Improvement Districts Continued
7-12-4229 . Disposal of funds deposited in revolving fund. Any funds without interest deposited in the revolving fund under 7-12-4169 (2) less the amount of any loan to the district fund not repaid may be returned to the owners of record of the property of the district in direct proportion of the original assessment on each piece of property, or as an alternative a municipality may transfer the funds placed in the revolving fund as a result of 7-12-4169 (2) to the general fund after the final payment of the district's bonds or warrants is paid.
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Montana § 7-12-4229 (Disposal Of Funds Deposited In Revolving Fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 4, Ch. 435, L. 1981.
Nearby Sections
15
§ 7-12-1101
Short Title§ 7-12-1102
Purpose§ 7-12-1103
Definitions§ 7-12-1104
Through 7-12-1110 Reserved§ 7-12-1111
Establishment Or Expansion Of District§ 7-12-1113
Protest Against Proposed District§ 7-12-1115
Resolution Creating Or Expanding District§ 7-12-1116
Through 7-12-1120 Reserved§ 7-12-1123
Removal Of Board Member§ 7-12-1124
Through 7-12-1130 Reserved§ 7-12-1131
Powers Of Board In Administering District