Montana Statutes
§ 20-9-621 — Permanent Fund
20-9-621 . Permanent fund.
(1)The public school fund provided for in Article X, section 2, of the Montana constitution consists of the permanent fund, which consists of the permanent corpus fund.
(2)The permanent fund must be invested for the purpose of generating future income for distribution to public elementary and secondary school districts as provided in Article X, section 5, of the Montana constitution.
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Legislative History
En. Sec. 2, Ch. 418, L. 2001.
Nearby Sections
15
§ 20-9-103
School Budget Form§ 20-9-104
General Fund Operating Reserve§ 20-9-105
Repealed§ 20-9-106
Through 20-9-110 Reserved§ 20-9-111
Repealed§ 20-9-112
Repealed§ 20-9-113
Repealed§ 20-9-114
Repealed§ 20-9-115
Notice Of Final Budget Meeting§ 20-9-117
Through 20-9-120 Reserved