Montana Code > Title 90 > Chapter 1 > Part 5 – Distressed Wood Products Industry Revolving Loan Program


§ 90-1-501	Revolving loan program for distressed wood products industry — finding
§ 90-1-502	Administration of revolving loan account — rulemaking authority
§ 90-1-503	Outcome measures
§ 90-1-504	Use of funds — statutory appropriation

Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. ^{Source: OCC}
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}
Property: means real and personal property. See Montana Code 1-1-205
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