17-2-106. Creation and abolition of new accounts. (1) Moneys deposited in each fund except the general fund shall be segregated by the department of administration by specific accounts based on source, function, or department. When moneys deposited in the state treasury cannot logically be credited to an existing account or when it is impractical or undesirable for an agency of state government to segregate moneys in its own accounts, the department of administration, in its discretion, may create new accounts consistent with the definitions in 17-2-102. However, the department of administration shall create as few new accounts as practicable.
(2) The department of administration shall periodically examine all accounts and shall abolish or consolidate inactive or unnecessary accounts.
(3) When moneys have been appropriated from several sources for the operation of a state agency, the department of administration may establish an account to receive, hold, and disburse moneys appropriated for the operation of the agency and regulate the transfer of moneys to the account in accordance with the laws governing the expenditure of state moneys.
History: (1), (2)En. Sec. 5, Ch. 147, L. 1963; amd. Sec. 27, Ch. 326, L. 1974; Sec. 79-413, R.C.M. 1947; (3)En. Sec. 6, Ch. 147, L. 1963; amd. Sec. 1, Ch. 268, L. 1971; amd. Sec. 98, Ch. 326, L. 1974; Sec. 79-414, R.C.M. 1947; R.C.M. 1947, 79-413, 79-414(4).
Structure Montana Code Annotated
Part 1. Treasury Funds and Accounts
17-2-103. Previous definitions of funds -- identification or segregation of money and funds
17-2-104. Additional accounts authorized
17-2-105. Maintenance of fund and account records and interfund loans
17-2-106. Creation and abolition of new accounts
17-2-107. Accurate accounting records and interentity loans
17-2-108. Expenditure of nongeneral fund money first
17-2-109. Department access to records
17-2-110. Fiscal year and financial reports
17-2-112. through 17-2-120 reserved
17-2-124. Disposition of money from certain designated license and other taxes
17-2-125. through 17-2-130 reserved
17-2-131. Genetic engineering technology research and development account created