Montana § 7-6-106 Political Subdivisions To Receive County Warrants For Share Of In-Lieu Payments

Montana Statutes

§ 7-6-106 — Political Subdivisions To Receive County Warrants For Share Of In-Lieu Payments

Montana·Title 7 LOCAL GOVERNMENT·Ch. 6 FINANCIAL ADMINISTRATION AND TAXATION·Part 1 In-Lieu Payments for Taxes

7-6-106 . Political subdivisions to receive county warrants for share of in-lieu payments.

(1)After apportioning any payment to the several accounts as provided in 7-6-105 , the county treasurer shall prepare in duplicate a complete itemized statement, one copy of which must be filed with the board of county commissioners and the other of which must be filed with the county clerk.

(2)The board shall, by appropriate resolution, order warrants drawn on the county treasury to the order of each political subdivision named in the itemized statement and in the amount of the political subdivision's share in the payment. The county clerk shall draw and sign the warrants, which must also be signed by the presiding officer of the board.

(3)(a) Except as provided in subsection (3)(b), whenever a w

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7-6-106 . Political subdivisions to receive county warrants for share of in-lieu payments. (1) After apportioning any payment to the several accounts as provided in 7-6-105 , the county treasurer shall prepare in duplicate a complete itemized statement, one copy of which must be filed with the board of county commissioners and the other of which must be filed with the county clerk.
(2) The board shall, by appropriate resolution, order warrants drawn on the county treasury to the order of each political subdivision named in the itemized statement and in the amount of the political subdivision's share in the payment. The county clerk shall draw and sign the warrants, which must also be signed by the presiding officer of the board.
(3) (a) Except as provided in subsection (3)(b), whenever a warrant is presented to the county treasurer, the treasurer shall debit the proper account in the fund and shall pay the amount of the warrant in full, without deduction, to the political subdivision presenting the warrant.
(b) The county treasurer may not honor the warrant unless it is endorsed by the president or other presiding officer of the governing body of the political subdivision. The endorsement of any warrant by the presiding officer of the governing body of a political subdivision as provided in this section constitutes an approval of the agreement under which the payment was received. If a governing body of a political subdivision refuses to receive any warrant delivered pursuant to this section, the amount of the warrant must be refunded to the United States by the county.

Montana § 7-6-106 (Political Subdivisions To Receive County Warrants For Share Of In-Lieu Payments) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.