17-5-1604. Definitions.
134 words·~1 min read·
/mt/title-17/chapter-5/part-16/17-5-1604·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
17-5-1604 . Definitions. As used in this part, the following definitions apply:
(1)"Board" means the board of investments created in 2-15-1808 .
(2)"Department" means the department of commerce created in 2-15-1801 .
(3)"Eligible government unit" means:
(a)any municipal corporation or political subdivision of the state, including without limitation any city, town, county, school district, authority as defined in 75-6-304 , or other special taxing district or assessment or service district authorized by law to borrow money;
(b)the state, any board, agency, or department of the state, or the board of regents of the Montana university system when authorized by law to borrow money; or
(c)an Indian tribal government, in accordance with 17-1-702 .
(4)"Reserve fund" means the municipal finance consolidation act reserve fund created in 17-5-1630 .