Montana § 2-9-220 - Loss Mitigation Program -- Purpose
Full text of Montana Montana Code Annotated § 2-9-220 — Loss Mitigation Program -- Purpose, with citation guidance and answers to common questions.
§ 2-9-220. Loss Mitigation Program -- Purpose
Loss mitigation program -- purpose. (1) There is a loss mitigation program administered by the department of administration. (2) Funds for the program must be used by the department solely for the purpose of mitigating losses generated through claims against the state related to property, automobiles, aviation, and general liability. (3) An agency seeking funds from the loss mitigation program shall present to the department a written request that: (a) identifies the risk of loss and potential costs associated with the risk of loss; (b) identifies matching funds from the agency to address or reduce the risk of loss; and (c) provides a detailed explanation of how the funds will be spent to mitigate the risk of loss. (4) Prior to distributing funds for an agency seeking funds from the loss mitigation program, the department of administration shall review the information provided by the agency and confirm the existence of a significant risk of loss to be mitigated with the requested funds. (5) A distribution over $30,000 for each written request, not including matching funds available to the agency, from the loss mitigation program to a single agency is subject to approval by the office of budget and program planning.
Frequently Asked Questions About Montana § 2-9-220
What does Montana Code Annotated § 2-9-220 cover?
Section 2-9-220 ("Loss Mitigation Program -- 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 § 2-9-220?
A common citation format is "Montana Code Annotated § 2-9-220" (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 § 2-9-220 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.