Montana Statutes

§ 17-3-211 — Forest Reserve Money And Other Federal Funds

Montana·Title 17 STATE FINANCE·Ch. 3 FEDERAL REVENUES AND ENDOWMENTS·Part 2 Distribution of Federal Return on State Resources

17-3-211 . Forest reserve money and other federal funds.

(1)The state treasurer, for the purpose of carrying out the provisions of 16 U.S.C. 500, Public Law 106-393, Public Law 110-343, and all acts subsequent to them, shall divide and distribute all forest reserve, Public Law 106-393, and Public Law 110-343 funds received by the state to and among the several counties entitled to the funds and pay the amounts to the several county treasurers of the counties within 5 business days after receiving full payment, as directed by the department.
(2)If the forest reserve money, the Public Law 106-393 money, and Public Law 110-343 money are not distributed within 5 business days of receipt by the state, all interest earnings must be credited to the appropriate counties.

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Related

§ 500
16 U.S.C. § 500

Legislative History

En. Sec. 1, Ch. 26, L. 1915; re-en. Sec. 175, R.C.M. 1921; re-en. Sec. 175, R.C.M. 1935; R.C.M. 1947, 79-203; amd. Sec. 1, Ch. 712, L. 1985; amd. Sec. 1, Ch. 334, L. 2001; amd. Sec. 1, Ch. 74, L. 2007; amd. Sec. 1, Ch. 105, L. 2009; amd. Sec. 1, Ch. 283, L. 2017.

Nearby Sections

15
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