HOME    SEARCH    ABOUT US    CONTACT US    HELP   
           
Rule: 44.11.710 Prev     Up     Next    
Rule Title: INTEREST PAID ON ACCOUNTS
Add to My Favorites
Add to Favorites
Department: SECRETARY OF STATE
Chapter: COMMISSIONER OF POLITICAL PRACTICES
Subchapter: Surplus and Constituent Accounts
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

Printer Friendly Version

44.11.710    INTEREST PAID ON ACCOUNTS

(1) Interest paid on a constituent services account established under Title 13, chapter 37, part 4, MCA, 13-37-240, MCA, and the rules in this chapter, may be received and used to provide constituent services if:

(a) the interest is deposited directly into the constituent services account;

(b) the interest is paid by a bank, savings and loan, credit union, brokerage firm, or other financial or investment entity subject to regulation by the state of Montana or an agency of the United States government; and

(c) the interest paid is the entity's prevailing money market, savings, or certificate of deposit rate paid to other investors or depositors with similar interest bearing accounts.

History: 13-37-114, MCA; IMP, 13-37-401, 13-37-402, MCA; NEW, 2008 MAR p. 2009, Eff. 9/12/08; TRANS, from 44.10.543, 2016 MAR p. 28, Eff. 1/9/16.


 

 
MAR Notices Effective From Effective To History Notes
44-2-207 1/9/2016 Current History: 13-37-114, MCA; IMP, 13-37-401, 13-37-402, MCA; NEW, 2008 MAR p. 2009, Eff. 9/12/08; TRANS, from 44.10.543, 2016 MAR p. 28, Eff. 1/9/16.
Home  |   Search  |   About Us  |   Contact Us  |   Help  |   Disclaimer  |   Privacy & Security