Montana § 60-4-205 Private Sale If No Bid Or Offer

Montana Statutes

§ 60-4-205 — Private Sale If No Bid Or Offer

Montana § 60-4-205

Title 60HIGHWAYS AND TRANSPORTATION

Ch. 4ACQUISITION AND DISPOSITION OF PROPERTY

Part 2Disposition of Property

This text of Montana § 60-4-205 (Private Sale If No Bid Or Offer) 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. § 60-4-205 (2026).

Text

60-4-205 . Private sale if no bid or offer.

(1)If, after proper notice is published, the department does not receive a bid at public sale or an offer from the original owner or the owner's successor in interest, it may at any time sell the interest at private sale. At the sale, the department may accept as the purchase price an amount of money not less than 90% of the appraised value.

(2)Title to an interest may not pass from the state until the purchaser has paid the full amount of the purchase price into the state treasury to the credit of the department.

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60-4-205 . Private sale if no bid or offer. (1) If, after proper notice is published, the department does not receive a bid at public sale or an offer from the original owner or the owner's successor in interest, it may at any time sell the interest at private sale. At the sale, the department may accept as the purchase price an amount of money not less than 90% of the appraised value.
(2) Title to an interest may not pass from the state until the purchaser has paid the full amount of the purchase price into the state treasury to the credit of the department.

Legislative History

En. Sec. 8-113, Ch. 197, L. 1965; amd. Sec. 136, Ch. 316, L. 1974; R.C.M. 1947, 32-3913; amd. Sec. 21, Ch. 23, L. 1979; amd. Sec. 1931, Ch. 56, L. 2009.