Montana § 90-6-133 - Housing Montana Fund -- Administration
Full text of Montana Montana Code Annotated § 90-6-133 — Housing Montana Fund -- Administration, with citation guidance and answers to common questions.
§ 90-6-133. Housing Montana Fund -- Administration
Housing Montana fund -- administration. (1) (a) There is a housing Montana fund in the housing authority enterprise fund provided for in 90-6-107 . The money in the fund is allocated to the board for the purpose of providing loans to eligible applicants. (b) Money in the housing Montana fund must be disbursed as loans. Twenty percent of the money in the fund must be disbursed to rural areas based on population. (2) Money deposited in the fund, including money transferred to the account pursuant to section 2, Chapter 502, Laws of 2001, must be used for the program authorized in 90-6-134 and may not be used to pay the expenses of any other program or service administered by the board. (3) The board may determine the rate of interest to be charged for any loan made under the provisions of 90-6-131 through 90-6-136 . (4) The board may accept contributions, gifts, and grants for deposit into the fund. The money must be used in accordance with the provisions of 90-6-134 . (5) The costs incurred by the board in administering the fund may be paid from the fund. (6) Interest and principal on loans from the fund must be repaid to the fund. (7) Interest income generated by investment of the principal of the fund is retained in the fund.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 90-6-133
What does Montana Code Annotated § 90-6-133 cover?
Section 90-6-133 ("Housing Montana Fund -- Administration") 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 § 90-6-133?
A common citation format is "Montana Code Annotated § 90-6-133" (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 § 90-6-133 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.