Mont. Code § 20-6-609

Current through the 2023 Regular Session
Section 20-6-609 - Trustees' authority to acquire property by lease-purchase agreement

The trustees of a district may acquire real and personal property by an agreement to lease for up to 7 years for personal property and for up to 15 years for real property with an option to purchase. The terms of the lease must comply with 20-6-625. If real property is acquired, the trustees shall comply with 20-6-603.

§ 20-6-609, MCA

Amended by Laws 2015, Ch. 66, Sec. 1, eff. 2/27/2015.
En. Sec. 1, Ch. 144, L. 1985; amd. Sec. 11, Ch. 22, L. 1997.