Montana § 7-6-613 Procedure To Transfer Funds

Montana Statutes

§ 7-6-613 — Procedure To Transfer Funds

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

7-6-613 . Procedure to transfer funds. Money may not be transferred from one fund to another except by resolution of a county or municipal governing body unless the transfer is:

(1)previously authorized by a budget resolution;

(2)provided for by 7-6-614 ;

(3)made in the usual course of county or municipal business for:

(a)school transfers;

(b)tax increment finance districts;

(c)specialized tax situations;

(d)the purpose of distributing refunds, protested taxes, or interest charges for interest in lieu of registered warrants;

(e)bond sinking fund transfers;

(f)residual equity transfers;

(g)transfers of investments; or

(h)corrections of errors; or

(4)otherwise authorized by statute.

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7-6-613 . Procedure to transfer funds. Money may not be transferred from one fund to another except by resolution of a county or municipal governing body unless the transfer is:
(1) previously authorized by a budget resolution;
(2) provided for by 7-6-614 ;
(3) made in the usual course of county or municipal business for:
(a) school transfers;
(b) tax increment finance districts;
(c) specialized tax situations;
(d) the purpose of distributing refunds, protested taxes, or interest charges for interest in lieu of registered warrants;
(e) bond sinking fund transfers;
(f) residual equity transfers;
(g) transfers of investments; or
(h) corrections of errors; or
(4) otherwise authorized by statute.

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