17-2-101. Title and purpose.
17-2-101. Title and purpose. (1) Sections 17-2-101 through 17-2-107 may be cited as the "Treasury Fund Structure Act".
(2) The purpose of these sections is to:
(a) comply with Article VIII, section 12, of the Montana constitution;
(b) simplify the accounting system and treasury fund structure of the state;
(c) make possible the full utilization of modern accounting methods;
(d) provide the legislature with a greater measure of control over public money; and
(e) enable the financial records of the state to accurately reflect the state's revenue, expenditures, expenses, and financial position in accordance with generally accepted accounting principles.
History: En. Sec. 1, Ch. 147, L. 1963; R.C.M. 1947, 79-409; amd. Sec. 1, Ch. 540, L. 1979; amd. Sec. 1, Ch. 28, L. 1981; amd. Sec. 6, Ch. 532, L. 1997.