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Rule Title: FINAL APPROVAL OF LAND ACQUISITION BY STATE LAND BOARD
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Department: NATURAL RESOURCES AND CONSERVATION, DEPARTMENT OF
Chapter: STATE LAND LEASING
Subchapter: Land Banking
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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36.25.816    FINAL APPROVAL OF LAND ACQUISITION BY STATE LAND BOARD

(1) The department shall report to the board the complete findings compiled under the requirements of ARM 36.25.815.

(2) The department shall recommend whether acquiring the tract is in the best interest of the affected trust beneficiary.

(3) When prudently necessary to protect the interests of the affected trust beneficiary, the board may reject, modify, or approve the proposed purchase of any trust asset.

(4) Acquisition of a tract may not occur without final land board approval.

History: 77-2-362, MCA; IMP, 77-2-363, MCA; NEW, 2004 MAR p. 2399, Eff. 10/8/04.


 

 
MAR Notices Effective From Effective To History Notes
10/8/2004 Current History: 77-2-362, MCA; IMP, 77-2-363, MCA; NEW, 2004 MAR p. 2399, Eff. 10/8/04.
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