Montana § 17-8-107 Limitations On Spending Deferred Inflows Of Resources -- Exception -- Definition

Montana Statutes

§ 17-8-107 — Limitations On Spending Deferred Inflows Of Resources -- Exception -- Definition

Montana § 17-8-107

Title 17STATE FINANCE

Ch. 8DISBURSEMENT AND EXPENDITURE

Part 1Limits on Disbursements and Expenditures

This text of Montana § 17-8-107 (Limitations On Spending Deferred Inflows Of Resources -- Exception -- Definition) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 17-8-107 (2026).

Text

17-8-107 . Limitations on spending deferred inflows of resources -- exception -- definition.

(1)Except as provided in subsection (2), no agency, including any unit of the university system, may expend deferred inflows of resources for current fiscal year operations.

(2)The Montana historical society is exempt from the provisions of subsection (1) to the extent that the expenditure of deferred inflows of resources received from magazine subscription fees is necessary to finance current fiscal year operations for the publication of its magazine of western history.

(3)For purposes of this section, "deferred inflows of resources" means funds received in 1 fiscal year but properly allocable and recorded as revenue in the subsequent fiscal year.

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17-8-107 . Limitations on spending deferred inflows of resources -- exception -- definition. (1) Except as provided in subsection (2), no agency, including any unit of the university system, may expend deferred inflows of resources for current fiscal year operations.
(2) The Montana historical society is exempt from the provisions of subsection (1) to the extent that the expenditure of deferred inflows of resources received from magazine subscription fees is necessary to finance current fiscal year operations for the publication of its magazine of western history.
(3) For purposes of this section, "deferred inflows of resources" means funds received in 1 fiscal year but properly allocable and recorded as revenue in the subsequent fiscal year.