7-3-1316. Designation of depository banks. On or before August 1 of each year, the commission shall designate the banks subject to state or national supervision in which the funds of the municipality shall be deposited. In designating such banks, the commission shall specify the maximum amount of municipal funds that may be kept at any time in each.

Terms Used In Montana Code 7-3-1316

  • 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