80-2-103. Administration of trust assets. Funds and the proceeds of the trust assets that are not authorized to be administered by the secretary of agriculture under 80-2-102 must be received by the department and paid by it to the state treasurer for deposit in the state special revenue fund, to be used for expenditure or obligation by the department for the purposes of 80-2-102 or for the rural rehabilitation purposes permissible under the charter of the now dissolved Montana rural rehabilitation corporation as may be agreed upon between the department and the secretary of agriculture, subject to Public Law 499.
History: En. Sec. 3, Ch. 112, L. 1951; amd. Sec. 45, Ch. 147, L. 1963; amd. Sec. 105, Ch. 218, L. 1974; R.C.M. 1947, 3-2803; amd. Sec. 38, Ch. 281, L. 1983; amd. Sec. 33, Ch. 703, L. 1985; amd. Sec. 11, Ch. 628, L. 1989; amd. Sec. 25, Ch. 389, L. 1999; amd. Sec. 32, Ch. 34, L. 2001.
Structure Montana Code Annotated
Chapter 2. Agricultural Services
80-2-102. Agreements with United States secretary of agriculture authorized
80-2-103. Administration of trust assets
80-2-104. Powers of department -- claims and obligations -- property acquired at foreclosure
80-2-105. United States and secretary of agriculture free from liability