Montana § 75-11-604 Use Of Restoration Damages -- Request For Trust Account

Montana Statutes

§ 75-11-604 — Use Of Restoration Damages -- Request For Trust Account

Montana·Title 75 ENVIRONMENTAL PROTECTION·Ch. 11 UNDERGROUND STORAGE TANKS·Part 6 Contaminated Property Compensation and Restoration

75-11-604 . Use of restoration damages -- request for trust account.

(1)Restoration damages awarded pursuant to 75-11-603 , exclusive of damages awarded for attorney fees and costs, must be used to conduct any remedial and corrective action necessary to restore the special use property for which the damages were awarded to its function and use prior to the contamination for which the damages were awarded.

(2)Any party may request that a court awarding restoration damages may also order that those damages be deposited in a segregated trust account at a commercial bank or trust company to ensure compliance with subsection (1). The plaintiff may create a trust to be overseen by a qualified professional to restore the special use property.

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75-11-604 . Use of restoration damages -- request for trust account. (1) Restoration damages awarded pursuant to 75-11-603 , exclusive of damages awarded for attorney fees and costs, must be used to conduct any remedial and corrective action necessary to restore the special use property for which the damages were awarded to its function and use prior to the contamination for which the damages were awarded.
(2) Any party may request that a court awarding restoration damages may also order that those damages be deposited in a segregated trust account at a commercial bank or trust company to ensure compliance with subsection (1). The plaintiff may create a trust to be overseen by a qualified professional to restore the special use property.

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