17-6-409. Authority to accept funds -- funding authorization. (1) The department may accept grants, donations, and other private and public income, including payments of interest on loans made by the department under the provisions of this part and fees charged by the department. The department shall deposit all money received under this section in the microbusiness finance program administrative account established in 17-6-407.
(2) The money in the microbusiness finance program administrative account may be appropriated for the purposes stated in this part.
History: En. Sec. 8, Ch. 602, L. 1991; amd. Sec. 23, Ch. 509, L. 1995.
Structure Montana Code Annotated
Chapter 6. Deposits and Investments
Part 4. Microbusiness Development Act
17-6-402. Legislative findings and purpose
17-6-404. and 17-6-405 reserved
17-6-406. Microbusiness finance program -- powers and duties of department
17-6-408. Certification of microbusiness development corporations
17-6-409. Authority to accept funds -- funding authorization