Montana Code 20-9-227. Exemptions from interest assessment
20-9-227. Exemptions from interest assessment. Section 20-9-226 does not apply to the following:
Terms Used In Montana Code 20-9-227
- district: means the territory, regardless of county boundaries, organized under the provisions of this title to provide public educational services under the jurisdiction of the trustees prescribed by this title. See Montana Code 20-6-101
- school: means an institution for the teaching of children that is established and maintained under the laws of the state of Montana at public expense. See Montana Code 20-6-501
- System: means the Montana university system. See Montana Code 20-1-101
- Trustees: means the governing board of a district. See Montana Code 20-1-101
(1)third-class school districts where the board of trustees does not meet monthly;
(2)interdistrict or intergovernmental transactions;
(3)claims subject to a good faith dispute;
(4)delinquencies due to natural disasters, disruptions in postal or delivery service, work stoppage due to labor disputes, power failures, or any other cause resulting from circumstances clearly beyond the control of the district;
(5)contracts entered into before October 1, 1985; or
(6)wages due and payable to school district employees or payments from any retirement system created pursuant to Title 19.