7-8-2606. Bond to insure performance of agreement. As a guarantee for the faithful performance of the agreement, the purchaser shall be required to furnish a bond, with sufficient securities, to the county in an amount equal to at least 20% of the estimated value of the timber sold.
History: En. Sec. 3, Ch. 70, L. 1945; R.C.M. 1947, 28-503(part).
Structure Montana Code Annotated
Chapter 8. Acquisition, Transfer, and Management of Property and Buildings
7-8-2601. Protection of forests
7-8-2602. Authorization to create county forests
7-8-2603. Exchange of tax-deed lands for timber lands
7-8-2604. Procedure for sale of timber or other crops
7-8-2605. Formal sale agreement
7-8-2606. Bond to insure performance of agreement
7-8-2607. Procedure upon breach of agreement
7-8-2608. Permits for domestic use of dead and down timber
7-8-2609. Permits for small commercial timber harvest