Mont. Admin. R. 36.25.802 - LAND BANKING TRANSACTION COSTS

(1) The department may not be compensated for transaction costs of services performed by department staff.

(2) The department shall:

(a) maintain a record of each transaction; and

(b) summarize transaction costs at the completion of each sale or acquisition.

(3) Transaction costs as outlined in ARM 36.25.807(2) or 36.25.808(7) shall be paid by the nominator or the purchaser, respectively.

Notes

Mont. Admin. R. 36.25.802

NEW, 2004 MAR p. 2399, Eff. 10/8/04; AMD, 2011 MAR p. 2414, Eff. 11/11/11.

77-2-362, MCA; IMP, 77-2-362, MCA;