Mont. Code Ann. § 77-1-910

Encumbrance on leased land

(1) An encumbrance may not be placed upon the state's interest in land leased for commercial purposes.

(2) A commercial lease of state trust land may contain provisions that will permit the encumbering of the lessee's interest in the lease by mortgage or deed of trust.

History:
En. Sec. 10, Ch. 404, L. 2003 (SB 137 - DePratu, Bob (R) SD 40)