Mont. Admin. R. 36.25.816 - FINAL APPROVAL OF LAND ACQUISITION BY STATE LAND BOARD

(1) The department shall report to the board the complete findings compiled under the requirements of ARM 36.25.815.

(2) The department shall recommend whether acquiring the tract is in the best interest of the affected trust beneficiary.

(3) When prudently necessary to protect the interests of the affected trust beneficiary, the board may reject, modify, or approve the proposed purchase of any trust asset.

(4) Acquisition of a tract may not occur without final land board approval.

Notes

Mont. Admin. R. 36.25.816

NEW, 2004 MAR p. 2399, Eff. 10/8/04.

77-2-362, MCA; IMP, 77-2-363, MCA;