7-6-4202. Definitions. As used in this part, the following definitions apply:
     (1) "Chief executive" means the elected executive in a government adopting the commission-executive form, the manager in a government adopting the commission-manager form, the presiding officer in a government adopting the commission-presiding officer form, the town presiding officer in a government adopting the town meeting form, the commission acting as a body in a government adopting the commission form, or the officer or officers so designated in the charter in a government adopting a charter.
     (2) "Finance officer" means the elected or appointed finance director, clerk, treasurer, or clerk-treasurer who has been delegated budget and accounting responsibilities.
     (3) "Governing body" means the municipal council or commission.
     (4) "Municipality" means an incorporated city or town.
     (5) "Working capital" means the current assets of a fund less the current liabilities and designated reserves of a fund.

     History: (1) thru (3)En. Sec. 1, Ch. 121, L. 1931; re-en. Sec. 5083.1, R.C.M. 1935; Sec. 11-1401, R.C.M. 1947; (4)En. by Code Commissioner, 1979; R.C.M. 1947, 11-1401(part); amd. Sec. 9, Ch. 16, L. 1991; amd. Sec. 10, Ch. 458, L. 1997.