Montana § 53-1-612 - Use Of Funding Obtained By Refinancing
Full text of Montana Montana Code Annotated § 53-1-612 — Use Of Funding Obtained By Refinancing, with citation guidance and answers to common questions.
§ 53-1-612. Use Of Funding Obtained By Refinancing
Use of funding obtained by refinancing. (1) It is the intent of the legislature that general fund savings generated through the refinancing work described in 53-1-610 be applied in the following priority: (a) the savings must be applied to fund the refinancing activities; (b) the department of public health and human services may retain funds to maintain existing services; and (c) the department of public health and human services may use funds to reinstate services that have been cut during the 2003 biennium. (2) Additional funds generated through refinancing savings, beyond those used pursuant to subsection (1), revert to the general fund. Prior to reinstating services pursuant to subsection (1)(c), the department shall receive approval from the office of budget and program planning of its service reinstatement plan. (3) The provisions of 17-2-108 that require the expenditure of nongeneral fund money prior to the expenditure of general fund money do not apply to the expenditure of revenue made available to the department because of the refinancing efforts required by 53-1-610 .
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 53-1-612
What does Montana Code Annotated § 53-1-612 cover?
Section 53-1-612 ("Use Of Funding Obtained By Refinancing") 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 § 53-1-612?
A common citation format is "Montana Code Annotated § 53-1-612" (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 § 53-1-612 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.