Montana § 77-2-361 - Definitions

Full text of Montana Montana Code Annotated § 77-2-361 — Definitions, with citation guidance and answers to common questions.

§ 77-2-361. Definitions

Definitions. As used in 77-2-361 through 77-2-367 , the following definitions apply: (1) "Isolated parcel" means any state land not possessing a legal right of access by the public. (2) "Land banking" means a process of selling various parcels of state land and using the proceeds from the sales to purchase other land, easements, or improvements that are likely to provide greater or equal trust revenue, as may be reasonably expected over a 20-year accounting period with an acceptable level of risk, for the affected trust and to diversify the land holdings of the various trusts.

Frequently Asked Questions About Montana § 77-2-361

What does Montana Code Annotated § 77-2-361 cover?

Section 77-2-361 ("Definitions") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Montana § 77-2-361?

A common citation format is "Montana Code Annotated § 77-2-361" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Montana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.

How does Montana § 77-2-361 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Montana.