Montana Code 7-6-613. Procedure to transfer funds
7-6-613. Procedure to transfer funds. Money may not be transferred from one fund to another except by resolution of a county or municipal governing body unless the transfer is:
Terms Used In Montana Code 7-6-613
- Budget resolution: Legislation in the form of a concurrent resolution setting forth the budget. The budget resolution establishes various budget totals, divides spending totals into functional categories (e.g., transportation), and may include reconciliation instructions to designated committees.
- Statute: A law passed by a legislature.
- Usual: means according to usage. See Montana Code 1-1-206
(1)previously authorized by a budget resolution;
(2)provided for by 7-6-614;
(3)made in the usual course of county or municipal business for:
(a)school transfers;
(b)tax increment finance districts;
(c)specialized tax situations;
(d)the purpose of distributing refunds, protested taxes, or interest charges for interest in lieu of registered warrants;
(e)bond sinking fund transfers;
(f)residual equity transfers;
(g)transfers of investments; or
(h)corrections of errors; or
(4)otherwise authorized by statute.