Montana § 2-7-502 - Short Title -- Purpose
Full text of Montana Montana Code Annotated § 2-7-502 — Short Title -- Purpose, with citation guidance and answers to common questions.
§ 2-7-502. Short Title -- Purpose
Short title -- purpose. (1) This part may be cited as the "State of Montana Single Audit Act". (2) The purposes of this part are to: (a) improve the financial management of local government entities with respect to federal, state, and local financial assistance; (b) establish uniform requirements for financial reports and audits of local government entities; (c) ensure constituent interests by determining that compliance with all appropriate statutes and regulations is accomplished; (d) ensure that the financial condition and operations of the local government entities are reasonably conducted and reported; (e) ensure that the stewardship of local government entities is conducted in a manner to preserve and protect the public trust; (f) ensure that local government entities accomplish, with economy and efficiency, the duties and responsibilities of the entities in accordance with the legal requirements imposed and the desires of the public; and (g) promote the efficient and effective use of audit resources.
Frequently Asked Questions About Montana § 2-7-502
What does Montana Code Annotated § 2-7-502 cover?
Section 2-7-502 ("Short Title -- Purpose") 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 § 2-7-502?
A common citation format is "Montana Code Annotated § 2-7-502" (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 § 2-7-502 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.