Montana Code 2-15-2108. Petroleum tank release compensation board
2-15-2108. Petroleum tank release compensation board. (1) There is a petroleum tank release compensation board.
Terms Used In Montana Code 2-15-2108
- Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
- Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.
- Property: means real and personal property. See Montana Code 1-1-205
(2)The board consists of seven members appointed by the governor as follows:
(a)a representative of the financial or banking industry with experience in small business or property loans;
(b)a representative of the petroleum services industry or a representative of the petroleum release remediation consultant industry;
(c)a representative of independent petroleum marketers and chain retailers;
(d)a representative of the general public;
(e)a representative of service station dealers;
(f)a representative of the insurance industry; and
(g)a person with a background in environmental regulation.
(3)The board shall elect a presiding officer.
(4)The term of membership is 3 years.
(5)Members shall serve without pay, but are entitled to reimbursement for travel, meals, and lodging while engaged in board business, as provided in 2-18-501 through 2-18-503.