Montana Code Annotated 2017

TITLE 17. STATE FINANCE

CHAPTER 3. FEDERAL REVENUES AND ENDOWMENTS

Part 2. Distribution of Federal Return on State Resources

State Treasurer To Be Custodian Of Money Received Under Taylor Grazing Act

17-3-221. State treasurer to be custodian of money received under Taylor Grazing Act. The state treasurer is the custodian of all money that the treasurer of the United States transfers to the state of Montana under the terms of section 10 of the Taylor Grazing Act, 43 U.S.C. 315i, to be expended as the legislature may prescribe. The money must be deposited in the federal special revenue fund.

History: En. Sec. 1, Ch. 146, L. 1935; re-en. Sec. 191.1, R.C.M. 1935; R.C.M. 1947, 79-701; amd. Sec. 94, Ch. 42, L. 1997; amd. Sec. 10, Ch. 532, L. 1997.