Montana § 20-15-321 - Current Unrestricted Subfund Cash Reserve
Full text of Montana Montana Code Annotated § 20-15-321 — Current Unrestricted Subfund Cash Reserve, with citation guidance and answers to common questions.
§ 20-15-321. Current Unrestricted Subfund Cash Reserve
Current unrestricted subfund cash reserve. At the end of each school fiscal year the board of trustees of a community college district may designate a portion of the current unrestricted subfund end-of-the-year cash balance as a cash reserve for the purpose of paying current unrestricted subfund warrants issued by the district from July 1 to November 30 of the ensuing school fiscal year. The amount of the current unrestricted subfund cash balance that is earmarked as cash reserve may not exceed 10% of the final general fund budget for the ensuing school fiscal year.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 20-15-321
What does Montana Code Annotated § 20-15-321 cover?
Section 20-15-321 ("Current Unrestricted Subfund Cash Reserve") 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 § 20-15-321?
A common citation format is "Montana Code Annotated § 20-15-321" (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 § 20-15-321 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.