Mont. Code Ann. » TITLE 77. STATE LANDS · CHAPTER 4. RENEWABLE RESOURCES · Part 2. Hydroelectric Resources
Montana Code Annotated

Mont. Code Ann. § 77-4-208 (2026)

Rental For Power Sites -- Deposit Of Rental Money In Proper Accounts

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  1. MCA Contents
  2. TITLE 77
  3. CHAPTER 4
  4. Part 2
  5. 77-4-208 Rental for power sites -- deposit of rental money in proper accounts

TITLE 77. STATE LANDS

CHAPTER 4. RENEWABLE RESOURCES

Part 2. Hydroelectric Resources

Rental For Power Sites -- Deposit Of Rental Money In Proper Accounts

77-4-208. Rental for power sites -- deposit of rental money in proper accounts. (1) The rental payment to the state for power sites must be paid annually or semiannually, and the rental may not be less than the full market value of the estate or interest disposed of through the granting of the lease or license. The value must be carefully ascertained from all available sources.

(2) Beginning July 1, 2011, all rental payments received under this section must be deposited in accordance with 17-3-1003(5).

History: En. Sec. 3, Ch. 123, L. 1931; re-en. Sec. 1904.3, R.C.M. 1935; R.C.M. 1947, 81-1803(part); amd. Sec. 18, Ch. 377, L. 2009; amd. Sec. 5, Ch. 371, L. 2011.

Notes of Decisions
Cited in 1 case, 2010–2010 · leading case: PPL Montana, LLC v. State, 2010 MT 64, 229 P.3d 421.
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PPL Montana, LLC v. State, 2010 MT 64, 229 P.3d 421. · cites it 12× “As noted repeatedly in this Opinion, the State/Land Board is under a fiduciary duty to obtain full market value for the use of state lands.”
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