# Mont. Code Ann. § 77-1-109: 77-1-109 Deposits of proceeds in trust land administration account

> Montana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MT_T77_C1_P1_S77-1-109

## Section

- **Citation:** Mont. Code Ann. § 77-1-109
- **Heading:** 77-1-109 Deposits of proceeds in trust land administration account
- **Jurisdiction:** Montana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MT Code / Title 77 / Chapter 1 / Part 1 / Section 77-1-109

## Text

77-1-109 . Deposits of proceeds in trust land administration account. (1) The amount of money that is deposited into the trust land administration account established in 77-1-108 may not exceed an amount equal to 25% of distributable revenue generated in the fiscal year completed prior to the legislative session that will appropriate money for the next biennium. This excludes revenue generated by the forest improvement fee provided for in 77-5-204 .

(2) (a) Subject to subsection (1), the department shall deposit into the trust land administration account the following:

(i) distributable revenue;

(ii) the proceeds or income from the sale of easements and timber, except timber from public school and Montana university system lands;

(iii) mineral royalties; and

(iv) fees collected pursuant to 77-2-328 .

(b) As deposits are made, they must be identified and accounted for by trust.

(c) The department may not make deductions from interest or income generated from lands granted to the state pursuant to the Morrill Act of 1862, 7 U.S.C. 301 through 308, and the Morrill Act of 1890, 7 U.S.C. 321 through 329.

(3) After the deposits in subsection (2) have been made, the remainder of the proceeds, other than proceeds from timber from Montana university system lands, must be deposited in accordance with 17-3-1003 , 18-2-107 , and 20-9-341 (2). Timber proceeds from university system lands must be paid over to the state treasurer, who shall deposit the money to the credit of the proper fund for use as provided in 17-3-1003 .

## Nearby sections

- [Mont. Code Ann. § 77-1-101 77-1-101 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_MT_T77_C1_P1_S77-1-101.md)
- [Mont. Code Ann. § 77-1-102 77-1-102 Ownership of certain islands and riverbeds](https://www.frixlaw.com/law-library/statutes/STATE_MT_T77_C1_P1_S77-1-102.md)
- [Mont. Code Ann. § 77-1-103 77-1-103 Administration of lands](https://www.frixlaw.com/law-library/statutes/STATE_MT_T77_C1_P1_S77-1-103.md)
- [Mont. Code Ann. § 77-1-104 77-1-104 Survey of lands](https://www.frixlaw.com/law-library/statutes/STATE_MT_T77_C1_P1_S77-1-104.md)
- [Mont. Code Ann. § 77-1-105 77-1-105 Determining title](https://www.frixlaw.com/law-library/statutes/STATE_MT_T77_C1_P1_S77-1-105.md)
- [Mont. Code Ann. § 77-1-106 77-1-106 Setting of rates or fees -- rules](https://www.frixlaw.com/law-library/statutes/STATE_MT_T77_C1_P1_S77-1-106.md)
- [Mont. Code Ann. § 77-1-107 77-1-107 Purchase of historic easement across state land for benefit of private land](https://www.frixlaw.com/law-library/statutes/STATE_MT_T77_C1_P1_S77-1-107.md)
- [Mont. Code Ann. § 77-1-108 77-1-108 Trust land administration account -- administrative costs -- appropriation](https://www.frixlaw.com/law-library/statutes/STATE_MT_T77_C1_P1_S77-1-108.md)
- [Mont. Code Ann. § 77-1-109 77-1-109 Deposits of proceeds in trust land administration account](https://www.frixlaw.com/law-library/statutes/STATE_MT_T77_C1_P1_S77-1-109.md)
- [Mont. Code Ann. § 77-1-110 77-1-110 Written undertaking required in legal action for challenge to use or disposition of state lands](https://www.frixlaw.com/law-library/statutes/STATE_MT_T77_C1_P1_S77-1-110.md)
- [Mont. Code Ann. § 77-1-111 77-1-111 Court actions](https://www.frixlaw.com/law-library/statutes/STATE_MT_T77_C1_P1_S77-1-111.md)
- [Mont. Code Ann. § 77-1-112 77-1-112 Violations classified](https://www.frixlaw.com/law-library/statutes/STATE_MT_T77_C1_P1_S77-1-112.md)
- [Mont. Code Ann. § 77-1-113 77-1-113 Restrictions on who may buy or lease state lands](https://www.frixlaw.com/law-library/statutes/STATE_MT_T77_C1_P1_S77-1-113.md)
- [Mont. Code Ann. § 77-1-114 77-1-114 Prosecutions](https://www.frixlaw.com/law-library/statutes/STATE_MT_T77_C1_P1_S77-1-114.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MT_T77_C1_P1_S77-1-109. Check the current official text before relying on it. Not legal advice.