Montana Code 77-5-116. State forest lands — deferral of management prohibited
77-5-116. State forest lands — deferral of management prohibited. The board and the department are prohibited from designating, treating, or disposing of any interest in state forest lands for the preservation or nonuse of these lands prior to obtaining funds for the affected beneficiary equal to the full market value of that designation, treatment, or disposition. Unless the full market value of the property interest or of the revenue foregone is obtained, the board and the department are prohibited from either temporarily or permanently designating, treating, or disposing of any interest in any state forest lands for the following purposes:
Terms Used In Montana Code 77-5-116
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- 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
(1)as a natural area pursuant to Title 76, chapter 12, part 1, or as otherwise provided for by law;
(2)as open-space land as defined in 76-6-104;
(3)for old growth timber preservation; and
(4)as a wildlife management area.