Montana Statutes
§ 76-14-112 — Rangeland Improvement Loan Special Revenue Account
76-14-112 . Rangeland improvement loan special revenue account.
(1)There is created a rangeland improvement loan special revenue account within the state special revenue fund established in 17-2-102 .
(2)There must be allocated to the rangeland improvement loan earmarked account any principal and accrued interest received in repayment of a loan made under the rangeland improvement loan program and any fees or charges collected by the department pursuant to 76-14-116 for the servicing of loans, including arrangements for obtaining security interests.
(3)Deposits to the rangeland improvement loan special revenue account must be placed in short-term investments, and the earnings must be deposited in the rangeland improvement loan special revenue account.
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Legislative History
En. Sec. 3, Ch. 171, L. 1983; amd. Sec. 48, Ch. 281, L. 1983; amd. Sec. 14, Ch. 418, L. 1987; amd. Sec. 55, Ch. 16, L. 1991; amd. Sec. 1, Ch. 437, L. 2023.
Nearby Sections
13
§ 76-14-101
Short Title§ 76-14-102
Purpose§ 76-14-103
Definitions§ 76-14-104
Types Of Land Included As Rangeland§ 76-14-105
Role Of State Coordinator§ 76-14-106
Duties Of Rangeland Resources Committee§ 76-14-107
Through 76-14-110 Reserved§ 76-14-111
Rangeland Improvement Loan Program§ 76-14-113
Eligibility For Loans§ 76-14-114
Criteria For Evaluation Of Loan Applications§ 76-14-115
Selection Of Loan Recipients§ 76-14-116
Rules