Montana § 18-4-227 - Procurement And Term Contract Rebate Account -- Funding -- Use
Full text of Montana Montana Code Annotated § 18-4-227 — Procurement And Term Contract Rebate Account -- Funding -- Use, with citation guidance and answers to common questions.
§ 18-4-227. Procurement And Term Contract Rebate Account -- Funding -- Use
Procurement and term contract rebate account -- funding -- use. (1) There is an account in the state special revenue fund established by 17-2-102 known as the procurement and term contract rebate account. (2) All rebates credited to the department from using state procurement cards and term contracts must be deposited in the account. (3) The money in the account may be used only to: (a) administer the state's procurement card programs; (b) administer term contracts established by the department; and (c) reimburse applicable funds to the federal government. (4) The unreserved, unexpended balance of the funds collected under this section must be deposited in the general fund by the close of the fiscal year.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 18-4-227
What does Montana Code Annotated § 18-4-227 cover?
Section 18-4-227 ("Procurement And Term Contract Rebate Account -- Funding -- Use") 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 § 18-4-227?
A common citation format is "Montana Code Annotated § 18-4-227" (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 § 18-4-227 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.