Mont. Code Ann. § 17-1-403
This is the official text of Mont. Code Ann. § 17-1-403, part of Montana’s Code Ann — part of the compiled statutory law of Montana, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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17-1-403 Reinvestment of growth and opportunity trust
Official statutory text
17-1-403 . Reinvestment of growth and opportunity trust. Transfers into the reinvestment portion of the Montana growth and opportunity trust established in 17-1-401 are allocated as follows:
(1) 80% to the pension fund provided for in 17-7-135 until the balance in the fund equals $1 billion; and
(2) 20% to a Montana housing trust provided for in 90-6-150 until the balance in the Montana housing trust equals $500 million.
(3) Any remaining transfer amount must remain in the reinvestment portion of the trust and is not allocated to any purpose.
(1) 80% to the pension fund provided for in 17-7-135 until the balance in the fund equals $1 billion; and
(2) 20% to a Montana housing trust provided for in 90-6-150 until the balance in the Montana housing trust equals $500 million.
(3) Any remaining transfer amount must remain in the reinvestment portion of the trust and is not allocated to any purpose.
Status: in_force · Read it on the official government site
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