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Code · Montana · Title 76 — Land Resources and Use · Chapter 14 · Part 1

76-14-112. Rangeland improvement loan special revenue account.

112 words·~1 min read·/mt/title-76/chapter-14/part-1/76-14-112·

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76-14-112 . Rangeland improvement loan special revenue account.
(1)There is created a rangeland improvement loan special revenue account within the state special revenue fund established in 17-2-102 .
(2)There must be allocated to the rangeland improvement loan earmarked account any principal and accrued interest received in repayment of a loan made under the rangeland improvement loan program and any fees or charges collected by the department pursuant to 76-14-116 for the servicing of loans, including arrangements for obtaining security interests.
(3)Deposits to the rangeland improvement loan special revenue account must be placed in short-term investments, and the earnings must be deposited in the rangeland improvement loan special revenue account.
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