Montana Code Annotated 2019

TITLE 20. EDUCATION

CHAPTER 25. UNIVERSITY SYSTEM

Part 4. Miscellaneous Finance

Revenue-Producing Facilities Considered As One

20-25-404. Revenue-producing facilities considered as one. In creating and discharging obligations under this chapter, all of the revenue-producing facilities at each unit of the Montana university system may be considered as one, but income received at one unit shall not be used to discharge obligations created for facilities at another unit.

History: En. 75-8506 by Sec. 35, Ch. 2, L. 1971; R.C.M. 1947, 75-8506.