6 chapters · 379 sections in this title.
Mont. Code Ann. § 77-1-905 Rental Provisions For Commercial Leasing -- Payments And Credits -- Administration -- Lease Options
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(1) The first year's annual rental payment for state trust land leased for commercial purposes must be paid by cashier's check or electronic funds transfer, as defined in 32-6-103, and payment is due upon execution of the lease. The department may require the lessee of state trus…
Mont. Code Ann. § 77-1-906 Requirements For Commercial Lease -- Improvements
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(1) The board shall require, subject to the board's supervision and jurisdiction, that the lessee be solely responsible for the expense of maintenance and operation of the enterprise, business, or venture and all improvements made and constructed in support of any commercial purp…
Mont. Code Ann. § 77-1-907 Qualifications For Commercial Lessees -- Bonds
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(1) Before accepting any offer for a commercial lease, the board shall establish, to its satisfaction, the financial capability of the person seeking the commercial lease and the legal authority of the person to conduct business in the state. Prior to executing a commercial lease…
Mont. Code Ann. § 77-1-908 Land Use License Issuance Following Reclassification
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Following cancellation of a preexisting lease due to a reclassification pursuant to 77-1-401 through 77-1-403, the department may issue a land use license for the commercial lands reclassified for a term the department considers necessary to protect the income to the trust and to…