Montana Code 17-2-101. Title and purpose
17-2-101. Title and purpose. (1) Sections 17-2-101 through 17-2-107 may be cited as the “Treasury Fund Structure Act”.
Terms Used In Montana Code 17-2-101
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
(2)The purpose of these sections is to:
(a)comply with Article VIII, section 12, of the Montana constitution;
(b)simplify the accounting system and treasury fund structure of the state;
(c)make possible the full utilization of modern accounting methods;
(d)provide the legislature with a greater measure of control over public money; and
(e)enable the financial records of the state to accurately reflect the state’s revenue, expenditures, expenses, and financial position in accordance with generally accepted accounting principles.