Montana § 19-18-504 - Special Tax Levy For Fund Required
Full text of Montana Montana Code Annotated § 19-18-504 — Special Tax Levy For Fund Required, with citation guidance and answers to common questions.
§ 19-18-504. Special Tax Levy For Fund Required
Special tax levy for fund required. (1) The fund must be reviewed on an annual basis to determine whether the fund is soundly funded pursuant to 19-18-503 . (2) Based on the annual review: (a) if the fund contains an amount that is less than the minimum amount required to keep the fund soundly funded pursuant to 19-18-503 , the city or town council shall, subject to 15-10-420 , levy an annual tax on the taxable value of all taxable property within the city or town; (b) if the fund contains an amount that is less than the maximum but more than the minimum required to keep the fund soundly funded pursuant to 19-18-503 (1)(a), the city or town council may, if authorized by the voters as provided in 15-10-425 , levy an annual tax. (3) All revenue from the tax must be deposited in the fund.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 19-18-504
What does Montana Code Annotated § 19-18-504 cover?
Section 19-18-504 ("Special Tax Levy For Fund Required") 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 § 19-18-504?
A common citation format is "Montana Code Annotated § 19-18-504" (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 § 19-18-504 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.