Montana § 80-2-232 Department's Duty -- Warrants -- Transfers To State General Fund

Montana Statutes

§ 80-2-232 — Department's Duty -- Warrants -- Transfers To State General Fund

Montana § 80-2-232

Title 80AGRICULTURE

Ch. 2AGRICULTURAL SERVICES

Part 2Hail Insurance

This text of Montana § 80-2-232 (Department's Duty -- Warrants -- Transfers To State General 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. § 80-2-232 (2026).

Text

80-2-232 . Department's duty -- warrants -- transfers to state general fund.

(1)The department shall transfer to the state treasurer all money collected under this part for deposit in the enterprise fund. All covered losses must be paid from the fund.

(2)(a) All costs other than covered losses are administrative expenses and must be paid from the enterprise fund.

(b)If registered warrants are presented and there is no money to pay the warrants, the warrants must be registered and bear interest at the rate of 4% a year until called for payment by the state treasurer.

(3)Upon authorization from the board of hail insurance, the department shall transfer from the enterprise fund to the state general fund 1.5% of the hail insurance premiums collected during the calendar year not to exceed $

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80-2-232 . Department's duty -- warrants -- transfers to state general fund. (1) The department shall transfer to the state treasurer all money collected under this part for deposit in the enterprise fund. All covered losses must be paid from the fund.
(2) (a) All costs other than covered losses are administrative expenses and must be paid from the enterprise fund.
(b) If registered warrants are presented and there is no money to pay the warrants, the warrants must be registered and bear interest at the rate of 4% a year until called for payment by the state treasurer.
(3) Upon authorization from the board of hail insurance, the department shall transfer from the enterprise fund to the state general fund 1.5% of the hail insurance premiums collected during the calendar year not to exceed $100,000.

Legislative History

En. Sec. 4, Ch. 169, L. 1917; amd. Sec. 1, Ch. 183, L. 1921; re-en. Sec. 355, R.C.M. 1921; amd. Sec. 8, Ch. 40, L. 1923; re-en. Sec. 355, R.C.M. 1935; amd. Sec. 1, Ch. 189, L. 1961; amd. Sec. 75, Ch. 147, L. 1963; R.C.M. 1947, 82-1511; amd. Sec. 41, Ch. 281, L. 1983; amd. Sec. 10, Ch. 691, L. 1983; amd. Sec. 3, Ch. 69, L. 1993; amd. Sec. 219, Ch. 574, L. 2001; amd. Sec. 11, Ch. 399, L. 2013.