Montana § 20-26-1105 - Student Loan Account
Full text of Montana Montana Code Annotated § 20-26-1105 — Student Loan Account, with citation guidance and answers to common questions.
§ 20-26-1105. Student Loan Account
Student loan account. (1) There is a student loan account within the federal special revenue fund provided for in 17-2-102 . (2) The board shall credit to the account established in subsection (1) all money designated for the student loan program by the United States or by any other public or private source. All expenses incurred by the board in connection with the student loan program, including principal and interest payments required because of loan defaults, must be charged against the account. (3) Money in the account not needed to meet current obligations of the board in the exercise of its responsibilities as guarantor and administrator, as provided for in this part, must be invested in accordance with the provisions of Title 17, chapter 6. Interest proceeds must be credited to the account. (4) Money on deposit in the student loan account may not revert to the general fund at the close of any fiscal year.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 20-26-1105
What does Montana Code Annotated § 20-26-1105 cover?
Section 20-26-1105 ("Student Loan Account") 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 § 20-26-1105?
A common citation format is "Montana Code Annotated § 20-26-1105" (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 § 20-26-1105 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.