Montana § 17-1-401 - Montana Growth And Opportunity Trust
Full text of Montana Montana Code Annotated § 17-1-401 — Montana Growth And Opportunity Trust, with citation guidance and answers to common questions.
§ 17-1-401. Montana Growth And Opportunity Trust
Montana growth and opportunity trust. (1) There is a Montana growth and opportunity trust in the permanent fund type funded by annual transfers of volatile revenues as provided for in 17-1-405 . The trust is administered by the department of revenue. (2) Transfers into the trust are deposited as follows: (a) one-half into the distribution portion of the trust; and (b) one-half into the reinvestment portion of the trust. (3) (a) Money deposited in the account established in this section must be invested by the board of investments as provided by law. (b) If allowed by law, the board of investments may invest funds in the trust in higher-yielding investments. (4) A bill appropriating funds from the corpus of the trust must be treated in the same manner as a bill creating state debt and requires a vote of two-thirds of the members of each house of the legislature for passage.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 17-1-401
What does Montana Code Annotated § 17-1-401 cover?
Section 17-1-401 ("Montana Growth And Opportunity Trust") 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 § 17-1-401?
A common citation format is "Montana Code Annotated § 17-1-401" (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 § 17-1-401 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.