Montana Statutes
§ 7-34-2138 — Hospital District Capital Replacement Fund
Montana·Title 7 LOCAL GOVERNMENT·Ch. 34 MEDICAL SERVICES AND BOARDING HOMES FOR THE AGED·Part 21 Hospital Districts
7-34-2138 . Hospital district capital replacement fund.
(1)A hospital district may establish a capital replacement fund. The fund may be used only for the replacement of property, plant facilities, or equipment. The cost of such capital equipment must exceed $5,000 and have a life expectancy of 5 years or more.
(2)A capital replacement fund established under subsection (1) may not exceed 10% of the total value of the hospital's property, plant facilities, and equipment at the end of a fiscal year.
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Montana § 7-34-2138 (Hospital District Capital Replacement Fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 1, Ch. 64, L. 1987.
Nearby Sections
15
§ 7-34-101
Ambulance Services Authorized§ 7-34-102
Ambulance Service Mill Levy Permitted§ 7-34-103
Manner Of Providing Ambulance Service§ 7-34-104
Certain Ambulance Services Unaffected§ 7-34-2101
Purpose Of Part§ 7-34-2102
Definitions§ 7-34-2104
Details Relating To Petition§ 7-34-2107
Notice Of Hearing§ 7-34-2108
Hearing On Petition§ 7-34-2111
Territory Of Hospital District