Montana Code 7-6-105. Establishment and use of government project fund
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7-6-105. Establishment and use of government project fund. (1) The county treasurer shall establish a fund in the county treasury to be known as the government project fund.
Terms Used In Montana Code 7-6-105
- Agreement: shall mean contract and shall include renewals and alterations of a contract. See Montana Code 7-6-101
- Fund: shall mean , unless otherwise expressed, the government project fund to be established pursuant to 7-6-105. See Montana Code 7-6-101
- Political subdivision: shall mean any agency or unit of this state which now is or hereafter shall be authorized to levy taxes or empowered to cause taxes to be levied. See Montana Code 7-6-101
- Project: shall mean any resettlement project or rural rehabilitation project for resettlement purposes of the United States or any other lands formerly upon the tax rolls and purchased by the United States and used for resettlement, rehabilitation, or grazing purposes, located within this state or any political subdivision thereof, and shall include the persons inhabiting, occupying, or using any lands so owned or acquired by the United States. See Montana Code 7-6-101
- Several: means two or more. See Montana Code 1-1-201
(2)The fund shall contain an account with each political subdivision which is entitled to a share of a payment of sums in lieu of taxes. Whenever such payment is received, the county treasurer shall apportion it to the several accounts in the fund, pursuant to the agreement under which the payment is made.