Montana Code 80-7-816. Account — deposit — investment
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80-7-816. Account — deposit — investment. (1) There is a noxious weed account in the state special revenue fund established in 17-2-102. The interest from the noxious weed management trust fund and the funds directed to be deposited as provided in 80-7-823, excluding unrealized gains and losses, must be deposited in the account and must be expended as provided in 80-7-705 and 80-7-814.
Terms Used In Montana Code 80-7-816
- Department: means the department of agriculture established in 2-15-3001. See Montana Code 80-7-801
- Noxious weed: means any weed defined in 7-22-2101(9)(a). See Montana Code 80-7-801
- 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 department may direct the board of investments to invest the funds collected under subsection (1) pursuant to the provisions of 17-6-201. The income from the investments must be credited to the account in the state special revenue fund.