90-9-202. Powers and duties of the council. The council shall:
     (1) establish policies and priorities to enhance the future development of agriculture in Montana[, including the Indian reservations in the state];
     (2) make investments or loans in agricultural development projects that have a short- or long-term ability to stimulate agriculture development and diversification in [rural, urban, and tribal settings in] Montana, including but not limited to:
     (a) seed capital loans for development and commercialization of new products and processes;
     (b) agricultural business incubators;
     (c) foreign and domestic market development activities;
     (d) applied technological research; and
     (e) agricultural technology assistance and transfer; and
     (3) accept grants or receive devises of money or property for use in making the investments or loans authorized by this chapter. (Bracketed language terminates June 30, 2001--sec. 19, Ch. 512, L. 1999.)

     History: En. Sec. 6, Ch. 665, L. 1987; amd. Sec. 11, Ch. 284, L. 1989; amd. Sec. 13, Ch. 512, L. 1999.