Montana § 7-13-152 Sources Of Money For Reserve Fund

Montana Statutes

§ 7-13-152 — Sources Of Money For Reserve Fund

Montana § 7-13-152

Title 7LOCAL GOVERNMENT

Ch. 13UTILITY SERVICES

Part 1Metropolitan Sanitary and/or Storm Sewer District

This text of Montana § 7-13-152 (Sources Of Money For Reserve Fund) 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. § 7-13-152 (2026).

Text

7-13-152 . Sources of money for reserve fund.

(1)For the purpose of providing money for the reserve fund, the board of county commissioners may in its discretion, from time to time, transfer to the reserve fund from the operation and maintenance fund of the district such amount or amounts as may be deemed necessary or as may be agreed with the holders of the bonds.

(2)Whenever there shall be money in the bond fund which is not required for payment of any bond of the district or interest thereon, so much as may be necessary to pay the loan referred to in 7-13-154 shall, by order of the board, be transferred to the reserve fund.

Free access — add to your briefcase to read the full text and ask questions with AI

7-13-152 . Sources of money for reserve fund. (1) For the purpose of providing money for the reserve fund, the board of county commissioners may in its discretion, from time to time, transfer to the reserve fund from the operation and maintenance fund of the district such amount or amounts as may be deemed necessary or as may be agreed with the holders of the bonds.
(2) Whenever there shall be money in the bond fund which is not required for payment of any bond of the district or interest thereon, so much as may be necessary to pay the loan referred to in 7-13-154 shall, by order of the board, be transferred to the reserve fund.