Mont. Code Ann. § 85-1-320
This is the official text of Mont. Code Ann. § 85-1-320, 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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85-1-320 Montana water development state special revenue account
Official statutory text
85-1-320 . Montana water development state special revenue account. (1) (a) There is a Montana water development state special revenue fund as provided for in 17-2-102 to the credit of the department of natural resources and conservation.
(b) The fund retains its own interest.
(c) The account is composed of revenue gifted to the state or transferred to the account by the legislature and interest generated by the account.
(2) Ninety percent of the earnings from the investment must be distributed to the water storage state special revenue account established in 85-1-631 .
(3) Ten percent of the earnings from the investment must be distributed to the natural resources projects state special revenue account established in 15-38-302 to be used for water storage pilot projects and dam inspections required under 85-15-213 .
(b) The fund retains its own interest.
(c) The account is composed of revenue gifted to the state or transferred to the account by the legislature and interest generated by the account.
(2) Ninety percent of the earnings from the investment must be distributed to the water storage state special revenue account established in 85-1-631 .
(3) Ten percent of the earnings from the investment must be distributed to the natural resources projects state special revenue account established in 15-38-302 to be used for water storage pilot projects and dam inspections required under 85-15-213 .
Status: in_force · Read it on the official government site
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