Montana § 17-5-1604 Definitions

Montana Statutes

§ 17-5-1604 — Definitions

Montana·Title 17 STATE FINANCE·Ch. 5 PUBLIC BOND ISSUES·Part 16 Municipal Finance Consolidation Act

17-5-1604 . Definitions. As used in this part, the following definitions apply:

(1)"Board" means the board of investments created in 2-15-1808 .

(2)"Department" means the department of commerce created in 2-15-1801 .

(3)"Eligible government unit" means:

(a)any municipal corporation or political subdivision of the state, including without limitation any city, town, county, school district, authority as defined in 75-6-304 , or other special taxing district or assessment or service district authorized by law to borrow money;

(b)the state, any board, agency, or department of the state, or the board of regents of the Montana university system when authorized by law to borrow money; or

(c)an Indian tribal government, in accordance with 17-1-702 .

(4)"Reserve fund" means the municipal fin

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17-5-1604 . Definitions. As used in this part, the following definitions apply:
(1) "Board" means the board of investments created in 2-15-1808 .
(2) "Department" means the department of commerce created in 2-15-1801 .
(3) "Eligible government unit" means:
(a) any municipal corporation or political subdivision of the state, including without limitation any city, town, county, school district, authority as defined in 75-6-304 , or other special taxing district or assessment or service district authorized by law to borrow money;
(b) the state, any board, agency, or department of the state, or the board of regents of the Montana university system when authorized by law to borrow money; or
(c) an Indian tribal government, in accordance with 17-1-702 .
(4) "Reserve fund" means the municipal finance consolidation act reserve fund created in 17-5-1630 .

Montana § 17-5-1604 (Definitions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

En. Sec. 4, Ch. 620, L. 1983; amd. Sec. 35, Ch. 620, L. 1983; amd. Sec. 9, Ch. 581, L. 1987; amd. Sec. 1, Ch. 593, L. 1991; amd. Sec. 1, Ch. 380, L. 1993; amd. Sec. 2, Ch. 208, L. 1995; amd. Sec. 21, Ch. 498, L. 1999; amd. Sec. 19, Ch. 378, L. 2007; amd. Sec. 3, Ch. 359, L. 2019.