Montana Statutes
§ 85-20-1005 — Watershed Improvement Trusts
85-20-1005 . Watershed improvement trusts.
(1)A permanent fund account, called the state Milk River watershed improvement trust, is established, as provided for in 17-2-102 , for deposit of funds appropriated pursuant to the compact for a permanent trust. Interest income may be used by the Milk River coordinating committee established pursuant to the compact for the purpose of allocating grants and loans.
(2)A permanent fund account, called the federal Milk River watershed improvement trust, is established, as provided for in 17-2-102 , for receipt of federal funds appropriated for a permanent trust. Interest income may be used by the Milk River coordinating committee established pursuant to the compact for the purpose of allocating grants and loans.
(3)The state and federal Milk River
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Montana § 85-20-1005 (Watershed Improvement Trusts) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 5, Ch. 256, L. 2001; amd. Sec. 129, Ch. 114, L. 2003.
Nearby Sections
15
§ 85-20-1001
Fort Belknap-Montana Compact Ratified§ 85-20-1002
Findings And Purpose§ 85-20-1003
Definitions§ 85-20-1004
Mitigation Account§ 85-20-1005
Watershed Improvement Trusts§ 85-20-1006
Terms And Conditions Of Loan§ 85-20-1007
Peoples Creek Minimum Flow Account§ 85-20-1008
Economic Development Plan§ 85-20-101
Approval Of Compact§ 85-20-102
Purpose Of The Part§ 85-20-103
Definitions§ 85-20-104
Filing Written Statement With Department§ 85-20-105
Duty To Install Measuring Devices§ 85-20-106
Duty To Measure Water§ 85-20-107
Status Of Prior Rights