Montana Code 90-9-308. Application for loans and grants — additional criteria
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90-9-308. Application for loans and grants — additional criteria. (1) All applicants shall complete an application and provide financial information as established by rule.
Terms Used In Montana Code 90-9-308
- Council: means the Montana agriculture development council established in 2-15-3015. See Montana Code 90-9-103
- Department: means the department of agriculture established in 2-15-3001. See Montana Code 90-9-103
- Matching funds: means the funds received by the loan or grant recipient from private, federal, state, or commodity checkoff funds and contributed by the recipient in support of a loan or grant application in an amount that is at least equal to the funds disbursed to the recipient by the council. See Montana Code 90-9-103
- Process: means a writ or summons issued in the course of judicial proceedings. See Montana Code 1-1-202
- State: means the state of Montana. See Montana Code 90-9-103
(2)The council may not make a loan or grant unless the recipient provides matching funds prior to the expenditure of any state funds. The council may accept as matching funds those funds expended by the recipient within 1 year prior to the execution of the loan or grant.
(3)The department may provide assistance to applicants during the application process.