Montana § 16-2-108 Disposition Of Money Received

Montana Statutes

§ 16-2-108 — Disposition Of Money Received

Montana·Title 16 ALCOHOL, TOBACCO, AND MARIJUANA·Ch. 2 LIQUOR STORES·Part 1 Operation of Stores

16-2-108 . Disposition of money received.

(1)The department may purchase liquor from money deposited to its account in the enterprise fund. The department shall pay from its account in the enterprise fund its administrative expenses associated with the sale of liquor, subject to the limits imposed by legislative appropriation. An obligation created or incurred by the department may not be a debt or claim against the state of Montana but must be payable by the department solely from funds derived from the operation of state liquor sales. The department shall pay into the state treasury to the credit of the enterprise fund the receipts from the sale of liquor and all taxes collected by it. Taxes and the net proceeds from the operation of state liquor sales must be transferred to the general

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16-2-108 . Disposition of money received. (1) The department may purchase liquor from money deposited to its account in the enterprise fund. The department shall pay from its account in the enterprise fund its administrative expenses associated with the sale of liquor, subject to the limits imposed by legislative appropriation. An obligation created or incurred by the department may not be a debt or claim against the state of Montana but must be payable by the department solely from funds derived from the operation of state liquor sales. The department shall pay into the state treasury to the credit of the enterprise fund the receipts from the sale of liquor and all taxes collected by it. Taxes and the net proceeds from the operation of state liquor sales must be transferred to the general fund.
(2) All liquor license fees and permit fees collected by the department must be deposited into the department's liquor enterprise fund.
(3) The department shall pay from its account in the liquor enterprise fund:
(a) expenses associated with administering liquor licensing and fee collection; and
(b) expenses associated with investigations pursuant to its agreement with the department of justice.
(4) The net proceeds of the liquor enterprise fund must be transferred to the general fund.

Montana § 16-2-108 (Disposition Of Money Received) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

En. Sec. 94, Ch. 105, L. 1933; re-en. Sec. 2815.154, R.C.M. 1935; amd. Sec. 1, Ch. 54, L. 1939; amd. Sec. 211, Ch. 147, L. 1963; Sec. 4-229, R.C.M. 1947; amd. and redes. 4-1-406 by Sec. 41, Ch. 387, L. 1975; amd. Sec. 1, Ch. 398, L. 1977; R.C.M. 1947, 4-1-406 ; amd. Sec. 3, Ch. 277, L. 1983; amd. Sec. 14, Ch. 68, L. 1987; amd. Sec. 1, Ch. 225, L. 1989; amd. Sec. 25, Ch. 530, L. 1995; amd. Sec. 2, Ch. 448, L. 2001.