{"data":{"id":"us-mt/17-6-225","jurisdiction":"us-mt","citation":"17-6-225","heading":"Loans to petroleum tank release compensation board.","body":"(1) The board of investments may loan funds to the petroleum tank release compensation board to cover temporary cash shortfalls. The total of all loans may not exceed the greater of $15 million or 80% of the fees that the office of budget and program planning projects will be collected under 75-11-314 during the next 3 fiscal years. A loan must be amortized, based on projected fee revenue, over a period of not more than 10 years.\n(2) The board shall establish the interest rate on the loan, considering the security and the term of the loan.","path":["TITLE 17. STATE FINANCE","CHAPTER 6. DEPOSITS AND INVESTMENTS","Part 2. Investments"],"source_url":"https://mca.legmt.gov/bills/mca/title_0170/chapter_0060/part_0020/section_0250/0170-0060-0020-0250.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:48:19Z","sha256":"93eae8c37f744fca0e599f954266cc4de0a93e04409706e2adbe41b515bd59ee","source_id":"us-mt","stale":false,"prev":"us-mt/17-6-223","next":"us-mt/17-6-226"},"notice":"GroundRules: Original legal text. Not legal advice."}