Montana Code 69-14-1103. Notice of intent
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69-14-1103. Notice of intent. (1) The notice of intent filed in accordance with 69-14-1102 must contain:
Terms Used In Montana Code 69-14-1103
- Buyer: means a person, corporation, association, business entity, labor organization, the state of Montana or any of its political subdivisions, or any other entity that acquires a line of railroad, by purchase, lease, or other agreement, to continue the commercial transportation of goods or passengers. See Montana Code 69-14-1101
- railroad: means a corporation, company, or individual owning or operating a railroad in whole or in part in this state. See Montana Code 69-14-102
- Seller: means a person, corporation, association, or business entity that transfers a line of railroad by sale, lease, or other agreement. See Montana Code 69-14-1101
- Transaction: means the limited purchase, sale, or transfer of part of a line of railroad that will be operated by a common rail carrier. See Montana Code 69-14-1101
(a)a complete and accurate description of the identities of the buyer and seller; and
(b)a thorough description of the railroad line to be transferred.
(2)A general description of the terms of the proposed transaction and any labor agreements must be attached to the notice of intent.