77-1-223. State trust land report to trust beneficiaries and legislature -- contents. (1) The board shall annually prepare a report on state trust lands that summarizes the land held in trust for each beneficiary by land classification.
(2) The report must include the asset value and financial performance of the land held for each beneficiary as calculated using the best available methodology and data.
(3) The board shall provide a copy of the report to the beneficiary of each trust and to the legislature in accordance with 5-11-210 at the end of each fiscal year.
History: En. Sec. 1, Ch. 462, L. 1999; amd. Sec. 1, Ch. 195, L. 2015; amd. Sec. 107, Ch. 261, L. 2021.
Structure Montana Code Annotated
Chapter 1. Administration of State Lands
Part 2. Board of Land Commissioners
77-1-201. Board -- meetings and officers
77-1-202. Powers and duties of board
77-1-203. Multiple-use management
77-1-204. Power to sell, lease, or exchange certain state trust lands
77-1-205. Board to correct errors
77-1-206. Board to prescribe further rules for appraisal
77-1-207. Board to defend suits
77-1-208. Cabin site licenses and leases -- method of establishing value
77-1-211. Acceptance of federal land grants
77-1-212. Acceptance of federal facilities and installations -- title in state
77-1-213. Acceptance of gifts, donations, grants, legacies, and devises to the state
77-1-214. Donations of land for forestry purposes
77-1-215. Expenditures authorized
77-1-216. Disposition of revenues and profits
77-1-217. Payment of certain obligations
77-1-218. Public school land acquisition account
77-1-219. Public school land purchases -- considerations -- distributions
77-1-220. Offsetting purchases -- proceeds -- records
77-1-223. State trust land report to trust beneficiaries and legislature -- contents
77-1-226. and 77-1-227 reserved
77-1-228. Public land trust acquisition account
77-1-229. Public land trust purchases
77-1-230. through 77-1-234 reserved
77-1-235. Alternative rental market valuation -- open competitive bidding process -- rules
77-1-236. Rental market valuation lease program -- transition -- rules