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.
History: En. Sec. 1, Ch. 144, L. 1985; amd. Sec. 11, Ch. 22, L. 1997; amd. Sec. 1, Ch. 66, L. 2015.
Structure Montana Code Annotated
20-6-601. Power to accept gifts
20-6-602. Trustees' power over property
20-6-603. Trustees' authority to acquire or dispose of sites and buildings -- when election required
20-6-604. Sale of property when resolution passed after hearing -- appeal procedure
20-6-605. Land acquired by conditional deed or at will or sufferance
20-6-606. Letting contracts for school facilities
20-6-607. Leasing district property and disposition of any rentals
20-6-608. Authority and duty of trustees to insure district property
20-6-609. Trustees' authority to acquire property by lease-purchase agreement
20-6-610. through 20-6-620 reserved
20-6-621. Selection of school sites -- approval election
20-6-622. Review and approval of school building plans and specifications
20-6-624. School building plans and specifications approval before payment
20-6-625. Authorization to lease buildings or land for school purposes
20-6-626. through 20-6-629 reserved
20-6-631. When contracts for architectural services required
20-6-633. Hiring for architectural services authorized
20-6-634. Tentative and final proposals -- public meetings
20-6-635. Contracts with Montana firms encouraged
20-6-636. Prohibition against contingent fees -- penalty