Montana § 7-3-1316 - Designation Of Depository Banks
Full text of Montana Montana Code Annotated § 7-3-1316 — Designation Of Depository Banks, with citation guidance and answers to common questions.
§ 7-3-1316. Designation Of Depository Banks
Designation of depository banks. On or before August 1 of each year, the commission shall designate the banks subject to state or national supervision in which the funds of the municipality shall be deposited. In designating such banks, the commission shall specify the maximum amount of municipal funds that may be kept at any time in each.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 7-3-1316
What does Montana Code Annotated § 7-3-1316 cover?
Section 7-3-1316 ("Designation Of Depository Banks") 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 § 7-3-1316?
A common citation format is "Montana Code Annotated § 7-3-1316" (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 § 7-3-1316 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.