Montana § 15-36-326 - Oil And Natural Gas Accelerated Tax Fund
Full text of Montana Montana Code Annotated § 15-36-326 — Oil And Natural Gas Accelerated Tax Fund, with citation guidance and answers to common questions.
§ 15-36-326. Oil And Natural Gas Accelerated Tax Fund
Oil and natural gas accelerated tax fund. (1) The county commissioners of a county that receives tax distributions under 15-36-325 , as that section read on December 31, 1999, shall establish an oil and natural gas accelerated tax fund for the deposit of the distributions. The county commissioners may retain the money in the fund for any time period considered appropriate by the commissioners. Money retained in the fund may not be considered as fund balance for the purpose of reducing mill levies. (2) Money may be expended from the fund for any purpose allowed by law. (3) Money in the fund must be invested as provided by law. Interest and income earned on the investment of money in the fund must be credited to the fund. (4) The oil and natural gas accelerated tax fund must be financially administered as a nonbudgeted fund under the provisions of Title 7, chapter 6, part 23.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 15-36-326
What does Montana Code Annotated § 15-36-326 cover?
Section 15-36-326 ("Oil And Natural Gas Accelerated Tax Fund") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 15-36-326?
A common citation format is "Montana Code Annotated § 15-36-326" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 15-36-326 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.