{"data":{"id":"us-mt/77-6-503","jurisdiction":"us-mt","citation":"77-6-503","heading":"Leases of city lots, town lots, and commercial property.","body":"The fair rental value of state-owned town lots, city lots, and land valuable for commercial development must be determined from time to time by the department with the approval of the board, and a record must be made of the values. State-owned town lots, city lots, or land valuable for commercial development may be leased at the current appraised rental value for terms not to exceed 99 years.","path":["TITLE 77. STATE LANDS","CHAPTER 6. AGRICULTURAL, GRAZING, AND OTHER SURFACE LEASES","Part 5. Rental Provisions"],"source_url":"https://mca.legmt.gov/bills/mca/title_0770/chapter_0060/part_0050/section_0030/0770-0060-0050-0030.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T05:00:29Z","sha256":"f18e7b2a4a02e3cca8a9cd1e17efe2aa7dc8868bf68ecd3f696720e85fc0e270","source_id":"us-mt","stale":false,"prev":"us-mt/77-6-502","next":"us-mt/77-6-504"},"notice":"GroundRules: Original legal text. Not legal advice."}