Montana § 7-13-3035 - Sources Of Money For Reserve Fund
Full text of Montana Montana Code Annotated § 7-13-3035 — Sources Of Money For Reserve Fund, with citation guidance and answers to common questions.
§ 7-13-3035. Sources Of Money For Reserve Fund
Sources of money for reserve fund. (1) For the purpose of providing money for the reserve fund, the governing body may in its discretion, from time to time, transfer to the reserve fund from the operation and maintenance fund of the district an amount as may be considered necessary or as may be agreed upon with the holders of the bonds. (2) Whenever there is money in the bond fund that is not required for payment of a bond of the district or interest on the bond, as much as is necessary to pay the loan referred to in 7-13-3037 must, by order of the governing body, be transferred to the reserve fund.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 7-13-3035
What does Montana Code Annotated § 7-13-3035 cover?
Section 7-13-3035 ("Sources Of Money For Reserve Fund") 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 § 7-13-3035?
A common citation format is "Montana Code Annotated § 7-13-3035" (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 § 7-13-3035 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.