Montana § 7-6-4002 Definitions

Montana Statutes

§ 7-6-4002 — Definitions

Montana·Title 7 LOCAL GOVERNMENT·Ch. 6 FINANCIAL ADMINISTRATION AND TAXATION·Part 40 Local Government Budget Act

7-6-4002 . Definitions. As used in this part, unless the context requires otherwise, the following definitions apply:

(1)"Governing body" means the elected body responsible for the administration of a local government.

(2)"Local government" has the meaning provided in 7-6-602 .

(3)"Municipality" means an incorporated city or town.

(4)"Working capital" means the current assets of a fund minus the current liabilities and designated reserves of a fund.

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7-6-4002 . Definitions. As used in this part, unless the context requires otherwise, the following definitions apply:
(1) "Governing body" means the elected body responsible for the administration of a local government.
(2) "Local government" has the meaning provided in 7-6-602 .
(3) "Municipality" means an incorporated city or town.
(4) "Working capital" means the current assets of a fund minus the current liabilities and designated reserves of a fund.

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