Montana Code 81-2-203. Indemnity special revenue account — purpose — uses
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81-2-203. Indemnity special revenue account — purpose — uses. (1) There is an account in the state special revenue fund established by 17-2-102 to be known as the indemnity special revenue account. The account is administered by the department.
Terms Used In Montana Code 81-2-203
- 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 deposit in the indemnity special revenue account an amount up to $10,000 annually. The principal may not exceed $100,000, and interest earned in the account is retained.
(3)Funds are statutorily appropriated to the department, as provided in 17-7-502, for the purpose of indemnity payments as authorized in 81-2-201.