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80-11-1006. Pulse crop account -- sources -- use -- expenditures

MT Code § 80-11-1006 (2019) (N/A)
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80-11-1006. Pulse crop account -- sources -- use -- expenditures. (1) There is a pulse crop account in the state special revenue fund to the credit of the department for use as provided in this section.

(2) The account consists of:

(a) proceeds from assessments collected pursuant to 80-11-1004; and

(b) gifts, grants, and donations to the department for research authorized under this part.

(3) Money in the account must be used for the purposes of this part and is separate from all other accounts of the department.

(4) Money in the account is statutorily appropriated, as provided in 17-7-502, to the department of agriculture for use by the Montana pulse crop committee for the purposes of this part. Expenditures for administrative costs allowed under 80-11-1003(2) must be made from temporary appropriations, as described in 17-7-501(1) or (2), made for that purpose.

(5) The department may direct the board of investments to invest funds from the account pursuant to the provisions of the unified investment program for state funds. The income from the investments must be credited to the pulse crop account.

History: En. Sec. 7, Ch. 312, L. 2017.

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