Montana § 77-2-329 Terms Of Payment

Montana Statutes

§ 77-2-329 — Terms Of Payment

Montana § 77-2-329

Title 77STATE LANDS

Ch. 2TRANSFERS AND RESERVATIONS OF PROPERTY INTERESTS

Part 3Sales

This text of Montana § 77-2-329 (Terms Of Payment) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 77-2-329 (2026).

Text

77-2-329 . Terms of payment.

(1)A purchaser of state land shall pay on the day of sale that portion of the purchase price that the purchaser desires, but not less than 10% of the total sales price. If the balance on the purchase price is not an exact multiple of $25, the purchaser shall pay the additional sum that is necessary to reduce the balance to an even multiple of $25.

(2)The purchaser shall pay the balance of the purchase price within 30 days. The department may extend this deadline up to 30 additional days for good cause.

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77-2-329 . Terms of payment. (1) A purchaser of state land shall pay on the day of sale that portion of the purchase price that the purchaser desires, but not less than 10% of the total sales price. If the balance on the purchase price is not an exact multiple of $25, the purchaser shall pay the additional sum that is necessary to reduce the balance to an even multiple of $25.
(2) The purchaser shall pay the balance of the purchase price within 30 days. The department may extend this deadline up to 30 additional days for good cause.

Legislative History

En. Sec. 79, Ch. 60, L. 1927; re-en. Sec. 1805.79, R.C.M. 1935; amd. Sec. 1, Ch. 149, L. 1939; amd. Sec. 8, Ch. 257, L. 1965; amd. Sec. 10, Ch. 22, L. 1971; amd. Sec. 59, Ch. 428, L. 1973; amd. Sec. 1, Ch. 191, L. 1974; R.C.M. 1947, 81-915; amd. Sec. 1, Ch. 104, L. 1987; amd. Sec. 1, Ch. 488, L. 1991; amd. Sec. 2548, Ch. 56, L. 2009.