Montana Statutes
§ 17-2-202 — Retention Of Agency Money
17-2-202 . Retention of agency money. The department of administration may, in its discretion, permit any state agency to retain in its possession, under conditions the department of administration may prescribe, money that would otherwise be deposited in the custodial fund as defined in 17-2-102 . The department of administration may cancel this permission and require the deposit of the money with the state treasurer. However, the state treasurer, with the consent of the board of investments, shall designate depositories for the money and securities and require indemnifying bonds or pledged securities sufficient to adequately and properly secure the amounts deposited in the depositories.
Free access — add to your briefcase to read the full text and ask questions with AI
Montana § 17-2-202 (Retention Of Agency Money) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 5, Ch. 112, L. 1921; re-en. Sec. 196, R.C.M. 1921; amd. Sec. 2, Ch. 157, L. 1931; re-en. Sec. 196, R.C.M. 1935; amd. Sec. 12, Ch. 147, L. 1963; amd. Sec. 3, Ch. 268, L. 1971; amd. Sec. 28, Ch. 326, L. 1974; amd. Sec. 7, Ch. 61, L. 1977; R.C.M. 1947, 79-603; amd. Sec. 5, Ch. 185, L. 2019.
Nearby Sections
15
§ 17-2-101
Title And Purpose§ 17-2-102
Fund Structure§ 17-2-104
Additional Accounts Authorized§ 17-2-106
Creation And Abolition Of New Accounts§ 17-2-109
Department Access To Records§ 17-2-110
Fiscal Year And Financial Reports§ 17-2-111
Repealed§ 17-2-112
Through 17-2-120 Reserved§ 17-2-121
Repealed§ 17-2-122
Repealed§ 17-2-123
Repealed