Montana Code 76-14-113. Eligibility for loans
76-14-113. Eligibility for loans. (1) Any person may apply for a loan to finance rangeland improvements to be constructed, developed, and operated in Montana who:
Terms Used In Montana Code 76-14-113
- Department: means the department of natural resources and conservation. See Montana Code 76-14-103
- Person: means any individual or association, partnership, corporation, or other business entity. See Montana Code 76-14-103
- Rangeland: means land on which the native vegetation (climax or natural potential) is predominantly grasses, grasslike plants, forbs, or shrubs suitable for grazing or browsing use. See Montana Code 76-14-103
- United States: includes the District of Columbia and the territories. See Montana Code 1-1-201
(a)is a resident of Montana;
(b)is engaged in farming or ranching; and
(c)possesses the necessary expertise to make a rangeland loan practical.
(2)All loans must be for rangeland improvement or development exclusively.
(3)An application for a loan must be in the form prescribed by the department and accompanied by a resource conservation plan, which may be prepared in consultation with the United States natural resources conservation service.