60-11-123. Disposition of revenue from state-owned railroads -- use of money.
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/mt/title-60/chapter-11/part-1/60-11-123·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
60-11-123 . Disposition of revenue from state-owned railroads -- use of money.
(1)Unless otherwise required by law, revenue from the lease or sale of assets of or revenue paid to the state of Montana by an operator of a railroad owned by the state of Montana must be deposited in the state general fund.
(2)The department of transportation is authorized to administer, as provided in 60-11-120 through 60-11-123 , funding available to provide for improvement of railroad tracks and associated facilities of any state-owned railroad in Montana and to provide loans and grants to railroad lines and intermodal transportation facilities as provided in 60-11-120 .