Montana § 17-2-101 Title And Purpose

Montana Statutes

§ 17-2-101 — Title And Purpose

Montana·Title 17 STATE FINANCE·Ch. 2 ACCOUNTING·Part 1 Treasury Funds and Accounts

17-2-101 . Title and purpose.

(1)Sections 17-2-101 through 17-2-107 may be cited as the "Treasury Fund Structure Act".

(2)The purpose of these sections is to:

(a)comply with Article VIII, section 12, of the Montana constitution;

(b)simplify the accounting system and treasury fund structure of the state;

(c)make possible the full utilization of modern accounting methods;

(d)provide the legislature with a greater measure of control over public money; and

(e)enable the financial records of the state to accurately reflect the state's revenue, expenditures, expenses, and financial position in accordance with generally accepted accounting principles.

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17-2-101 . Title and purpose. (1) Sections 17-2-101 through 17-2-107 may be cited as the "Treasury Fund Structure Act".
(2) The purpose of these sections is to:
(a) comply with Article VIII, section 12, of the Montana constitution;
(b) simplify the accounting system and treasury fund structure of the state;
(c) make possible the full utilization of modern accounting methods;
(d) provide the legislature with a greater measure of control over public money; and
(e) enable the financial records of the state to accurately reflect the state's revenue, expenditures, expenses, and financial position in accordance with generally accepted accounting principles.

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