17-2-101. Title and purpose.
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/mt/title-17/chapter-2/part-1/17-2-101A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
17-2-101 . Title and purpose.
(1)Sections 17-2-101 through 17-2-107 may be cited as the "Treasury Fund Structure Act".
(2)The purpose of these sections is to:
(a)comply with Article VIII, section 12, of the Montana constitution;
(b)simplify the accounting system and treasury fund structure of the state;
(c)make possible the full utilization of modern accounting methods;
(d)provide the legislature with a greater measure of control over public money; and
(e)enable the financial records of the state to accurately reflect the state's revenue, expenditures, expenses, and financial position in accordance with generally accepted accounting principles.