§ 7-14-1101 Local port authority
§ 7-14-1102 Regional port authority
§ 7-14-1103 Commissioners
§ 7-14-1104 Purpose — public and governmental functions
§ 7-14-1105 Cooperation of county or municipality
§ 7-14-1106 Election of local port authority commissioners
§ 7-14-1111 General powers of authority
§ 7-14-1112 Rules
§ 7-14-1121 Supplementary powers
§ 7-14-1125 Granting of operation and use privileges
§ 7-14-1126 Port property — disposal
§ 7-14-1131 Municipal tax levy
§ 7-14-1132 County tax levy
§ 7-14-1133 Bonds and obligations
§ 7-14-1134 Method of funding deficiency — election required
§ 7-14-1135 Debt service fund
§ 7-14-1136 Federal and state money
§ 7-14-1137 Tax exemption

Terms Used In Montana Code > Title 7 > Chapter 14 > Part 11 - Port Authorities

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Devise: To gift property by will.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Joint resolution: A legislative measure which requires the approval of both chambers.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Outlays: Outlays are payments made (generally through the issuance of checks or disbursement of cash) to liquidate obligations. Outlays during a fiscal year may be for payment of obligations incurred in prior years or in the same year.
  • Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.
  • Property: means real and personal property. See Montana Code 1-1-205
  • Quorum: The number of legislators that must be present to do business.
  • 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
  • United States: includes the District of Columbia and the territories. See Montana Code 1-1-201