Montana Code 90-4-625. Energy conservation program debt service account
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90-4-625. Energy conservation program debt service account. (1) There is an energy conservation program debt service account within the debt service fund type established in 17-2-102.
Terms Used In Montana Code 90-4-625
- Department: means the department of environmental quality provided for in 2-15-3501. See Montana Code 90-4-602
- Energy conservation program: means a program for the financing, acquisition, construction, and installation of alternative energy systems, as defined in 15-32-102, or equipment, systems, and improvements in state-owned buildings, structures, and facilities that save energy or water. See Montana Code 90-4-602
- Energy conservation program bonds: includes all series of bonds issued to finance any portion of the energy conservation program. See Montana Code 90-4-602
(2)The department shall transfer to the major repair long-range building program account created in 17-7-221 money in the energy conservation debt service account that is in excess of the amount that may be needed to satisfy the principal and interest payments on the energy conservation program bonds.