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Rule Title: INTEREST EARNED
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Department: EDUCATION, DEPARTMENT OF
Chapter: SPECIAL ACCOUNTING PRACTICES
Subchapter: Clearing Accounts
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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10.10.209    INTEREST EARNED

(1) Interest revenue shall not be recorded in payroll and claims clearing accounts.

(2) Interest earned on the investment of money in payroll and claims clearing accounts shall be added to the regular interest earnings for distribution to the various funds.

History: 20-9-102, 20-9-201, 20-9-220, MCA; IMP, 20-9-102, 20-9-201, 20-9-220, MCA; NEW, 1987 MAR p. 2375; AMD, 1990 MAR p. 717, Eff. 4/13/90.


 

 
MAR Notices Effective From Effective To History Notes
4/13/1990 Current History: 20-9-102, 20-9-201, 20-9-220, MCA; IMP, 20-9-102, 20-9-201, 20-9-220, MCA; NEW, 1987 MAR p. 2375; AMD, 1990 MAR p. 717, Eff. 4/13/90.
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