Investment Of Funds

Mont. Code Ann. § 17-5-704, under Coal Severance Tax Bonds -- Water Development.

Mont. Code Ann. § 17-5-704

Money in the coal severance tax bond fund, the coal severance tax permanent fund, and the coal severance tax income fund must be invested in accordance with the investment standards for coal severance tax funds. Income and earnings, excluding unrealized gains and losses, from all funds must be deposited in the state general fund.