Montana Code Annotated
Part 16. Municipal Finance Consolidation Act
17-5-1604. Definitions

17-5-1604. Definitions. As used in this part, the following definitions apply:
(1) "Board" means the board of investments created in 2-15-1808.
(2) "Department" means the department of commerce created in 2-15-1801.
(3) "Eligible government unit" means:
(a) any municipal corporation or political subdivision of the state, including without limitation any city, town, county, school district, authority as defined in 75-6-304, or other special taxing district or assessment or service district authorized by law to borrow money;
(b) the state, any board, agency, or department of the state, or the board of regents of the Montana university system when authorized by law to borrow money; or
(c) an Indian tribal government, in accordance with 17-1-702.
(4) "Reserve fund" means the municipal finance consolidation act reserve fund created in 17-5-1630.
History: En. Sec. 4, Ch. 620, L. 1983; amd. Sec. 35, Ch. 620, L. 1983; amd. Sec. 9, Ch. 581, L. 1987; amd. Sec. 1, Ch. 593, L. 1991; amd. Sec. 1, Ch. 380, L. 1993; amd. Sec. 2, Ch. 208, L. 1995; amd. Sec. 21, Ch. 498, L. 1999; amd. Sec. 19, Ch. 378, L. 2007; amd. Sec. 3, Ch. 359, L. 2019.

Structure Montana Code Annotated