17-5-1650 . Annual report. (1) By December 31 of each year, the board shall publish a financial report for distribution to the governor, the legislature, and the public. Except as provided in subsection (2), distribution to the legislature is accomplished by providing a copy to a legislator on request. (2) Subject to 5-11-222 (5), a report demonstrating the requirements of subsections (1) and (3) must be provided to the legislature in accordance with 5-11-210 . (3) The report must include: (a) a statement of the board's current financial position with respect to its activities under this part; (b) a summary of its activities pursuant to this part during the previous year including: (i) a listing of the eligible governmental securities purchased by the board; (ii) a listing of the bonds and notes sold by the board; and (iii) a summary of the performance of any other investments of the board's funds received under this part; (c) an estimate of the levels of activities for the next year; and (d) a comparison of the activities during the previous year with the estimates of those activities that were made in the previous annual report.
‹ Prev All Montana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.