Montana Code 17-3-102. Definitions
17-3-102. Definitions. As used in this part, the following definitions apply:
Terms Used In Montana Code 17-3-102
- Contract: A legal written agreement that becomes binding when signed.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Grantee agency: means any agency of state government receiving federal funds. See Montana Code 17-3-102
- 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
- State agency: means any agency of state government eligible to apply for and receive federal funds. See Montana Code 17-3-102
- United States: includes the District of Columbia and the territories. See Montana Code 1-1-201
(1)”Application” means the form specified by a federal agency.
(2)”Federal assistance programs” means any financial assistance made to a state agency by an agency of the United States government, whether a grant, loan, gift, contract, or in any other form.
(3)”Grantee agency” means any agency of state government receiving federal funds.
(4)”Indirect costs” means costs that benefit more than one agency or program and that are not readily assignable to the agency or program specifically benefiting.
(5)”Service agency” means state agencies that provide goods, facilities, and services to a grantee agency.
(6)”State agency” means any agency of state government eligible to apply for and receive federal funds.