Montana Code 87-1-611. Fish and wildlife mitigation trust fund created
87-1-611. Fish and wildlife mitigation trust fund created. (1) There is established, separate and apart from all public money or funds of this state, a fund to be known as the fish and wildlife mitigation trust fund. The fund must be administered by the department.
Terms Used In Montana Code 87-1-611
- Bequest: Property gifted by will.
- Devise: To gift property by will.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Legacy: A gift of property made by will.
- Property: means real and personal property. See Montana Code 1-1-205
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
(2)The fund consists of:
(a)money received under written agreements, contracts, or authorizations with the department made for the purpose of fish and wildlife mitigation or enhancement;
(b)any gift, donation, grant, legacy, bequest, or devise made for the purpose of fish and wildlife mitigation or enhancement;
(c)any interest, earnings, or income of the fund; and
(d)any property or easements acquired through the expenditure of money from the fund.