Montana Statutes

§ 20-25-309 — Exemption From State Construction And Contract Laws For Certain University Projects

Montana·Title 20 EDUCATION·Ch. 25 UNIVERSITY SYSTEM·Part 3 Administration of University System

20-25-309 . Exemption from state construction and contract laws for certain university projects.

(1)The board of regents may lease land or land and facilities to a private nonprofit foundation organized to solicit, manage, and administer nonstate funds, gifts, grants, donations, in-kind contributions, and revenue on behalf of a unit of the Montana university system for the purpose of constructing or renovating athletic facilities. The terms, guaranties, and agreements relating to a facility subject to this subsection must be negotiated in the best interests of the state and must include guarantees that a commitment of state appropriations for design, construction, operations, or maintenance is not expressed or implied. The terms, guaranties, and agreements are subject to review and approv

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Montana § 20-25-309 (Exemption From State Construction And Contract Laws For Certain University Projects) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

En. Sec. 1, Ch. 419, L. 2007.

Nearby Sections

15
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