7-6-613. Procedure to transfer funds. Money may not be transferred from one fund to another except by resolution of a county or municipal governing body unless the transfer is:

Terms Used In Montana Code 7-6-613

  • Budget resolution: Legislation in the form of a concurrent resolution setting forth the budget. The budget resolution establishes various budget totals, divides spending totals into functional categories (e.g., transportation), and may include reconciliation instructions to designated committees.
  • Statute: A law passed by a legislature.
  • Usual: means according to usage. See Montana Code 1-1-206

(1)previously authorized by a budget resolution;

(2)provided for by 7-6-614;

(3)made in the usual course of county or municipal business for:

(a)school transfers;

(b)tax increment finance districts;

(c)specialized tax situations;

(d)the purpose of distributing refunds, protested taxes, or interest charges for interest in lieu of registered warrants;

(e)bond sinking fund transfers;

(f)residual equity transfers;

(g)transfers of investments; or

(h)corrections of errors; or

(4)otherwise authorized by statute.

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