Mont. Code § 85-1-804

Current through the 2023 Regular Session
Section 85-1-804 - Appraisal of project lands - adjustment of lease fee

The department shall appraise project lands owned by the department and shall maintain records of the appraisals. Not less than once during the term of a lease, the department shall reappraise the project lands and adjust the lease fee accordingly. The department may not increase a lease fee for a current lessee more than 2% a year during any period of 10 consecutive years.

§ 85-1-804, MCA

En. Sec. 4, Ch. 301, L. 1995.