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Montana Code Annotated · § 85-1-616 — Administration of loans and grants

85-1-616. Administration of loans and grants

The department shall:

(1) administer the loan and grant program established by this part;

(2) service loans made or contract and pay for the servicing of loans, including arrangements for obtaining security interests; and

(3) collect reasonable fees or charges for the servicing of loans, including arrangements for obtaining security interests. The fees and charges must be deposited in the natural resources projects state special revenue account established in 15-38-302.

Source notes
History and annotations

En. Sec. 17, Ch. 505, L. 1981; amd. Sec. 5, Ch. 149, L. 1983; amd. Sec. 48, Ch. 281, L. 1983; amd. Sec. 23, Ch. 478, L. 1993; amd. Sec. 21, Ch. 432, L. 2007.

Official source for this version

Source captured 2026-09-25. Open the official source.

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