reglab/housing_qa huggingface dataset:
MT Code § 77-1-203 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-203. Multiple-use management

  77-1-203. Multiple-use management. (1) The board shall manage state lands under the multiple-use management concept defined as the management of all the various resources of the state lands so that:   (a) they are utilized in that combination best meeting the needs of the people and the beneficiaries of the trust, making the most judicious use of the land for some or all of those resources or related services over areas large enough to provide sufficient latitude for periodic adjustments in use to conform to changing needs and conditions and realizing that some land may be used for less than all of the resources; and   (b) harmonious and coordinated management of the various resources, each with the other, will result without impairment of the productivity of the land, with consideration being given to the relative values of the various resources.   (2) If a parcel of state land in one class has other multiple uses or resource values which are of such significance that they do not warrant classification for the value, the land shall, nevertheless, be managed insofar as is possible to maintain or enhance these multiple-use values.   (3) State lands, including those lands that are leased primarily for other purposes, are open to general recreational use subject to legal access and to closures and restrictions pursuant to rules adopted under 77-1-804.   (4) The department shall include in all new or renewal leases and licenses a provision that leased lands may not be closed at any time to the public for general recreational purposes without advance written permission of the department.   History: (1)En. Sec. 3, Ch. 60, L. 1927; re-en. Sec. 1805.3, R.C.M. 1935; amd. Sec. 1, Ch. 113, L. 1969; amd. Sec. 1, Ch. 67, L. 1973; amd. Sec. 3, Ch. 428, L. 1973; Sec. 81-103, R.C.M. 1947; (2)En. Sec. 16, Ch. 60, L. 1927; amd. Sec. 8, Ch. 428, L. 1973; amd. Sec. 1, Ch. 8, L. 1974; Sec. 81-302, R.C.M. 1947; R.C.M. 1947, 81-103(part), 81-302(part); amd. Sec. 6, Ch. 15, L. 1979; amd. Sec. 4, Ch. 609, L. 1991.
MT Code § 77-1-204 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-204. Power to sell, lease, or exchange certain state trust lands

  77-1-204. Power to sell, lease, or exchange certain state trust lands. (1) The board is authorized to lease state trust lands for uses other than agriculture, grazing, timber harvest, or mineral production under terms and conditions that best fulfill the duties of the board as specified in 77-1-202 and 77-1-203. The lease period for these leases, except for power and school site leases, may not be for longer than 99 years.   (2) The board may sell, exchange, or lease lands under its jurisdiction by virtue of 77-1-214 when, in the board's judgment, it is advantageous to the state to do so in the highest orderly development and management of state trust land. The sale, lease, or exchange may not be contrary to the terms of any contract that the board has entered into.   History: (1)En. 81-103.1 by Sec. 1, Ch. 135, L. 1974; Sec. 81-103.1, R.C.M. 1947; (2)En. Sec. 5, Ch. 159, L. 1937; Sec. 81-1107, R.C.M. 1947; R.C.M. 1947, 81-103.1, 81-1107; amd. Sec. 1, Ch. 488, L. 1985; amd. Sec. 5, Ch. 609, L. 1991; amd. Sec. 13, Ch. 404, L. 2003.
MT Code § 77-1-205 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-205. Board to correct errors

  77-1-205. Board to correct errors. The board shall correct errors, mistakes, and misdescriptions in deeds and conveyances of property to the state. Deeds or other conveyances shall be made and executed in the manner provided for the execution of patents by the state. The board may also correct errors in leases, certificates of purchase, patents, and other conveyances of property from the state upon satisfactory proof that an error or mistake has been made.   History: En. Sec. 115, Ch. 60, L. 1927; re-en. Sec. 1805.115, R.C.M. 1935; Sec. 81-1108, R.C.M. 1947; redes. 81-106 and amd. by Sec. 73, Ch. 428, L. 1973; R.C.M. 1947, 81-106.
MT Code § 77-1-206 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-206. Board to prescribe further rules for appraisal

  77-1-206. Board to prescribe further rules for appraisal. The board shall prescribe such further rules for the appraisal of state lands as it may deem necessary, not inconsistent with the provisions of this title or the state constitution.   History: En. Sec. 18, Ch. 60, L. 1927; re-en. Sec. 1805.18, R.C.M. 1935; R.C.M. 1947, 81-303.
MT Code § 77-1-207 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-207. Board to defend suits

  77-1-207. Board to defend suits. For the purpose of determining the title to any property seized and taken under the provisions of 77-1-116, the board is hereby authorized and empowered to defend, in the name of the state, any and all actions that may be brought for that purpose and to do and perform all things necessary to protect the interests of the state.   History: En. Sec. 8, p. 49, L. 1893; re-en. Sec. 3567, Pol. C. 1895; re-en. Sec. 2220, Rev. C. 1907; re-en. Sec. 60, Ch. 147, L. 1909; re-en. Sec. 1880, R.C.M. 1921; re-en. Sec. 1880, R.C.M. 1935; R.C.M. 1947, 81-1603.
MT Code § 77-1-209 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-209. Leasing rules

  77-1-209. Leasing rules. The board may prescribe rules relating to the leasing of state lands as it considers necessary in order that the use and proceeds of these lands may contribute in the highest attainable measure to the purposes for which they are granted to the state of Montana. The rules should prescribe a procedure for setting all fees and rental rates for the use of state lands for any purpose. The procedure should establish provisions for notice, public comment, public hearings, and appeal.   History: En. Sec. 37, Ch. 60, L. 1927; re-en. Sec. 1805.37, R.C.M. 1935; amd. Sec. 24, Ch. 428, L. 1973; R.C.M. 1947, 81-423; MCA 1981, 77-6-104; redes. 77-1-209 by Code Commissioner, 1983; amd. Sec. 11, Ch. 586, L. 1993.
MT Code § 77-1-210 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-210. reserved

  77-1-210 reserved.
MT Code § 77-1-211 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-211. Acceptance of federal land grants

  77-1-211. Acceptance of federal land grants. (1) The board may accept any grant of lands from the United States to the state made in carrying out the provisions of The Enabling Act and also any other grant for any special purpose that may be made by the United States to the state, except as provided in subsection (2).   (2) Legislative approval is required for any acceptance of land by the state of Montana from the United States if the land was acquired by the United States through condemnation procedures.   (3) Notwithstanding any provisions of this title, the board, after consultation with the director of the department of environmental quality, may accept any lands, including buildings, granted to the state by the United States pursuant to the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, 42 U.S.C. 9601, et seq. Legislative approval is not required for acceptance.   History: En. Sec. 113, Ch. 60, L. 1927; re-en. Sec. 1805.113, R.C.M. 1935; amd. Sec. 70, Ch. 428, L. 1973; R.C.M. 1947, 81-1101(part); amd. Sec. 1, Ch. 452, L. 1979; amd. Sec. 2, Ch. 274, L. 1989; amd. Sec. 315, Ch. 418, L. 1995.
MT Code § 77-1-212 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-212. Acceptance of federal facilities and installations -- title in state

  77-1-212. Acceptance of federal facilities and installations -- title in state. The board may, on behalf of the state, accept donations of federal installations, facilities, lands, or properties. All title to the installations or facilities shall be vested in the name of the state for its use. This section does not limit, reduce, or supersede Title 18, chapter 5, part 2.   History: En. Sec. 1, Ch. 252, L. 1965; amd. Sec. 71, Ch. 428, L. 1973; R.C.M. 1947, 81-1101.1.
MT Code § 77-1-213 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-213. Acceptance of gifts, donations, grants, legacies, and devises to the state

  77-1-213. Acceptance of gifts, donations, grants, legacies, and devises to the state. (1) The board is hereby authorized and empowered to accept on behalf of the state from any natural person gifts, donations, grants, legacies, and devises having a value of not less than $250 from each person. All lands passing to the state under these provisions or through the operation of law shall be managed as other state lands, and the rents and earnings shall be applied in accordance with the object and purpose specified by the grantor, subject to all constitutional limitations.   (2) All money realized from the sale of such lands and from other property and all gifts, donations, grants, legacies, and devises made in money or the equivalent of money shall be administered by the board for the benefit of the specific purposes designated by the person from whom they were received and as further regulated by this title. The provisions of this section shall apply to gifts, donations, grants, legacies, and devises already made to the state and now under the administration of the board if not contrary to any specific provisions made therein by the persons from whom they were received.   History: En. Sec. 114, Ch. 60, L. 1927; re-en. Sec. 1805.114, R.C.M. 1935; amd. Sec. 43, Ch. 100, L. 1973; R.C.M. 1947, 81-1102.
MT Code § 77-1-214 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-214. Donations of land for forestry purposes

  77-1-214. Donations of land for forestry purposes. The board may accept gifts, donations, or contributions of land suitable for forestry or park purposes and enter into agreements with the federal government or other agencies for acquiring by lease, purchase, or otherwise such lands as in the judgment of the board are desirable for state forests.   History: En. Sec. 1, Ch. 159, L. 1937; amd. Sec. 72, Ch. 428, L. 1973; R.C.M. 1947, 81-1103.
MT Code § 77-1-215 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-215. Expenditures authorized

  77-1-215. Expenditures authorized. When lands are acquired or leased under 77-1-214, the board is hereby authorized to:   (1) make expenditures from any funds not otherwise obligated for the management, development, and utilization of such areas;   (2) sell or otherwise dispose of products from such lands; and   (3) make such rules as may be necessary to carry out the purposes of 77-1-214 through 77-1-217 and 77-1-204(2).   History: En. Sec. 2, Ch. 159, L. 1937; R.C.M. 1947, 81-1104.
MT Code § 77-1-216 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-216. Disposition of revenues and profits

  77-1-216. Disposition of revenues and profits. All revenues derived from lands acquired under the provisions of 77-1-214 shall be segregated by the state treasurer for the use of the board in the acquisition, management, development, and use of such lands until all obligations incurred have been paid in full. Thereafter, 50% of all net profits accruing from the administration of such lands shall be applicable for such purposes as the legislature may prescribe and 50% shall be paid into the school fund of the county in which lands are located.   History: En. Sec. 3, Ch. 159, L. 1937; R.C.M. 1947, 81-1105.
MT Code § 77-1-217 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-217. Payment of certain obligations

  77-1-217. Payment of certain obligations. Obligations for the acquisition of land incurred by the board under the authority of 77-1-214 shall be paid solely and exclusively from revenues derived from such lands and shall not impose any liability upon the general credit and taxing power of the state.   History: En. Sec. 4, Ch. 159, L. 1937; R.C.M. 1947, 81-1106.
MT Code § 77-1-218 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-218. Public school land acquisition account

  77-1-218. Public school land acquisition account. (1) There is a public school land acquisition account in the state special revenue fund established in 17-2-102. The account must be administered by the department.   (2) Money in the account may be used only for the purpose of purchasing and managing interests in and appurtenances to real property in accordance with 77-1-219.   (3) After deductions are made pursuant to 77-1-109 and 77-1-613, the net interest and income earned on real property and appurtenances purchased with funds from the account must be distributed to the school facility and technology account provided for in 20-9-516.   History: En. Sec. 1, Ch. 485, L. 2009; amd. Sec. 37, Ch. 55, L. 2015.
MT Code § 77-1-219 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-219. Public school land purchases -- considerations -- distributions

  77-1-219. Public school land purchases -- considerations -- distributions. (1) The board may request the board of examiners to issue bonds for the purpose of purchasing interests in and appurtenances to real property selected by the board in accordance with the requirements of this section. Upon issuance of the bonds, the board shall purchase the real property and its appurtenances.   (2) Prior to requesting the issuance of bonds under subsection (1), the board shall consider the following:   (a) the income-generating potential of the real property and appurtenances;   (b) the opportunity for sustainable forest management activities and outcomes as described in 76-13-701 and 76-13-702; and   (c) the opportunity for recreational use of the real property and appurtenances consistent with Title 77, chapter 1, part 8.   (3) Prior to requesting the issuance of bonds, the board or the department, at the board's direction, shall complete a cost-benefit analysis of potential real property and appurtenance purchases. This cost-benefit analysis must be made available to the public upon request.   (4) Prior to purchasing any real property and appurtenances, the board shall determine that the benefits of the purchase are significant and that the financial risks are prudent. In order to reach that determination, the board shall examine the purchase of any real property and appurtenances as if the board had a fiduciary duty as a reasonably prudent trustee of a perpetual trust. For the purposes of this section, that duty requires the board to:   (a) discharge its duties with the care, skill, and diligence that a prudent person acting in a similar capacity with the same resources and familiar with similar matters should exercise in the conduct of an enterprise of similar character and aims;   (b) manage the land holdings purchased pursuant to 77-1-218 and this section in accordance with an asset management plan to minimize the risk of loss and maximize the sustained rate of return;   (c) discharge its duties and powers solely in the interest of and for the benefit of the trust; and   (d) discharge its duties subject to the fiduciary standards set forth in 72-38-801.   (5) All interests in real property and appurtenances acquired under this section must be managed pursuant to this title.   History: En. Sec. 2, Ch. 485, L. 2009; amd. Sec. 156, Ch. 264, L. 2013.
MT Code § 77-1-220 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-220. Offsetting purchases -- proceeds -- records

  77-1-220. Offsetting purchases -- proceeds -- records. (1) To the extent practical and consistent with the board's powers and duties pursuant to 77-1-202, the board shall offset purchases made pursuant to 77-1-218, 77-1-219, and 77-1-229 by selling an equal amount of land.   (2) Proceeds received from offsetting sales may not be used for:   (a) purchasing additional lands; or   (b) the land banking process under 77-2-361 through 77-2-367.   (3) A separate record of the proceeds received from each sale of land must be maintained.   History: En. Sec. 3, Ch. 485, L. 2009; amd. Sec. 3, Ch. 362, L. 2011.
MT Code § 77-1-221 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-221. Repealed

  77-1-221. Repealed. Sec. 315, Ch. 42, L. 1997.   History: En. Sec. 1, Ch. 691, L. 1989.
MT Code § 77-1-222 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-222. Repealed

  77-1-222. Repealed. Sec. 74, Ch. 18, L. 1995.   History: En. Sec. 2, Ch. 691, L. 1989.
MT Code § 77-1-223 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-223. State trust land report to trust beneficiaries and legislature -- contents

  77-1-223. State trust land report to trust beneficiaries and legislature -- contents. (1) The board shall annually prepare a report on state trust lands that summarizes the land held in trust for each beneficiary by land classification.  (2) The report must include the asset value and financial performance of the land held for each beneficiary as calculated using the best available methodology and data.   (3) The board shall provide a copy of the report to the beneficiary of each trust and to the legislature in accordance with 5-11-210 at the end of each fiscal year.   History: En. Sec. 1, Ch. 462, L. 1999; amd. Sec. 1, Ch. 195, L. 2015; amd. Sec. 107, Ch. 261, L. 2021.
MT Code § 77-1-224 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-224. Repealed

  77-1-224. Repealed. Sec. 2, Ch. 195, L. 2015.   History: En. Sec. 2, Ch. 462, L. 1999.
MT Code § 77-1-225 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-225. Repealed

  77-1-225. Repealed. Sec. 2, Ch. 195, L. 2015.   History: En. Sec. 3, Ch. 462, L. 1999.
MT Code § 77-1-226 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-226. and 77-1-227 reserved

  77-1-226 and 77-1-227 reserved.
MT Code § 77-1-228 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-228. Public land trust acquisition account

  77-1-228. Public land trust acquisition account. (1) There is a public land trust acquisition account in the state special revenue fund established in 17-2-102. Any funds recovered by the state as a result of the claim that PPL Montana, LLC, owes compensation to the state for using state-owned riverbeds from 2000 through 2007 and any interest that accumulates on the funds must be deposited in the account. The account must be administered by the department and is subject to the provisions of Article X, section 11, of the Montana constitution.   (2) Money deposited in the account pursuant to subsection (1) may be used only for costs associated with evaluating potential purchases and for the purpose of purchasing interests in and appurtenances to real property in accordance with 77-1-229. Any interest earned on money deposited in the account must be deposited in the guarantee account provided for in 20-9-622 for distribution to public schools on a monthly basis.   History: En. Sec. 1, Ch. 362, L. 2011.
MT Code § 77-1-229 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-229. Public land trust purchases

  77-1-229. Public land trust purchases. (1) Subject to legislative appropriation, the board is authorized to evaluate potential purchases and purchase interests in and appurtenances to real property from the proceeds of the account established in 77-1-228 pursuant to the limitations of 77-1-220, 77-1-228, and this section. Transactional costs may not exceed 7% of the purchase price of acquired property. Prior to purchasing interests in and appurtenances to real property, the board shall consider the following:   (a) the income-generating potential of the real property and appurtenances;   (b) the opportunity for sustainable forest management activities and outcomes as described in 76-13-701 and 76-13-702;   (c) the opportunity for recreational use of the real property and appurtenances consistent with Title 77, chapter 1, part 8; and   (d) the cost-benefits of potential real property and appurtenance purchases. This cost-benefit analysis must be made available to the public upon request.   (2) Prior to purchasing any real property and appurtenances, the board shall determine that the benefits of the purchase are significant and outweigh the financial risks. In order to reach that determination, the board shall examine the purchase of any real property and appurtenances as if the board had a fiduciary duty as a reasonably prudent trustee of a perpetual trust. For the purposes of this section, that duty requires the board to:   (a) discharge its duties with the care, skill, and diligence that a prudent person acting in a similar capacity with the same resources and familiar with similar matters should exercise in the conduct of an enterprise of similar character and aims;   (b) manage the land holdings purchased pursuant to this section in accordance with an asset management plan to minimize the risk of loss and maximize the sustained rate of return;   (c) discharge its duties and powers solely in the interest of and for the benefit of the public land trust;   (d) discharge its duties subject to the fiduciary standards set forth in 72-38-801; and   (e) determine the potential for job creation.   (3) All interests in real property and appurtenances acquired under this section must be managed pursuant to this title and are subject to the provisions of Article X, section 11, of the Montana constitution.   (4) After deductions for administrative costs pursuant to 77-1-109, the net interest and income earned on real property and appurtenances purchased with funds from the account established in 77-1-228 must be distributed to the guarantee account provided for in 20-9-622 for distribution to public schools.   History: En. Sec. 2, Ch. 362, L. 2011; amd. Sec. 157, Ch. 264, L. 2013.
MT Code § 77-1-230 (2021)
2021 Montana Code Annotated|Title 77. State Lands|Chapter 1. Administration of State Lands|Part 2. Board of Land Commissioners|77-1-230. through 77-1-234 reserved

  77-1-230 through 77-1-234 reserved.