Montana Code Annotated
Part 3. Sale and Disposition of Proceeds
70-29-330. Duty of clerk as to security and investments

70-29-330. Duty of clerk as to security and investments. The clerk of court in whose name a security is taken or by whom an investment is made and the clerk's successors in office:
(1) must receive the interest and principal as it becomes due and shall apply and invest the interest and principal as the court may direct;
(2) shall deposit with the county treasurer all securities taken; and
(3) shall keep an account of investments and money received and the disposition of the investments and money in a book provided and kept for that purpose in the clerk's office that is free for inspection by all persons.
History: En. Sec. 531, p. 147, Bannack Stat.; re-en. Sec. 303, p. 196, L. 1867; re-en. Sec. 352, p. 104, Cod. Stat. 1871; rep. Sec. 627, p. 215, L. 1877; en. Sec. 1386, C. Civ. Proc. 1895; re-en. Sec. 6929, Rev. C. 1907; re-en. Sec. 9562, R.C.M. 1921; Cal. C. Civ. Proc. Sec. 791; re-en. Sec. 9562, R.C.M. 1935; R.C.M. 1947, 93-6347; amd. Sec. 2230, Ch. 56, L. 2009.

Structure Montana Code Annotated