Montana Statutes

§ 77-6-503 — Leases Of City Lots, Town Lots, And Commercial Property

Montana § 77-6-503
JurisdictionMontana
Title 77STATE LANDS
Ch. 6AGRICULTURAL, GRAZING, AND OTHER SURFACE LEASES
Part 5Rental Provisions

This text of Montana § 77-6-503 (Leases Of City Lots, Town Lots, And Commercial Property) 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. § 77-6-503 (2026).

Text

77-6-503 . Leases of city lots, town lots, and commercial property. The fair rental value of state-owned town lots, city lots, and land valuable for commercial development must be determined from time to time by the department with the approval of the board, and a record must be made of the values. State-owned town lots, city lots, or land valuable for commercial development may be leased at the current appraised rental value for terms not to exceed 99 years.

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Legislative History

En. Sec. 20, Ch. 60, L. 1927; re-en. Sec. 1805.20, R.C.M. 1935; amd. Sec. 2, Ch. 207, L. 1945; amd. Sec. 1, Ch. 254, L. 1947; amd. Sec. 2, Ch. 201, L. 1949; amd. Sec. 2, Ch. 260, L. 1963; amd. Sec. 2, Ch. 257, L. 1965; amd. Sec. 10, Ch. 428, L. 1973; amd. Sec. 1, Ch. 134, L. 1974; amd. Sec. 2, Ch. 135, L. 1974; R.C.M. 1947, 81-402(part); amd. Sec. 5, Ch. 488, L. 1985; amd. Sec. 16, Ch. 404, L. 2003.

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Bluebook (online)
Montana § 77-6-503, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/6/77-6-503.