77-5-218. Rules. (1) (a) The board may adopt rules to implement the contract harvesting program. The board shall evaluate each proposed contract harvest to determine if, in the board's judgment, contract harvesting will fulfill its duty to prudently obtain the maximum long-term revenue for the trust beneficiaries or to address forest health concerns or other environmental concerns.
(b) The board shall adopt rules describing the procedures necessary to ensure that the trust beneficiaries receive the full market value of the forest products.
(2) The board may adopt rules that impose specific appraisal requirements and sale procedures for any forest products directly marketed and sold by the department.
History: En. Sec. 5, Ch. 494, L. 2007.
Structure Montana Code Annotated
Part 2. Timber Sales and Removal
77-5-202. Agreement with purchaser -- bond
77-5-203. Breach of timber sale agreement
77-5-204. Sale of timber -- fee for forest improvement
77-5-205. Approval or disapproval of sales
77-5-206. Management of timber by department
77-5-207. Salvage timber program
77-5-209. and 77-5-210 reserved
77-5-212. Commercial permits for timber sale
77-5-216. Contract harvesting authorized
77-5-217. Contract harvesting to address forest health concerns
77-5-219. Contract harvesting account -- authorized expenditures -- termination
77-5-222. Determination of annual sustainable yield
77-5-223. Annual sustainable yield as timber sale requirement