77-1-1117. Board to adopt rules. To fulfill the requirement of this part, the board shall adopt rules to:

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Terms Used In Montana Code 77-1-1117

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC

(1)determine the full market value for the use of the bed of a navigable river and establish a minimum payment for leases and easements;

(2)allow an applicant to choose to apply for a lease, license, or easement depending on the type of proposed use and the duration of the use; and

(3)allow the holder of a lease, license, or easement to relocate or increase the size of a footprint based on natural relocation of a navigable river or other factors.