36.11.446 FINANCES AND ECONOMICS
department shall manage forested state trust lands at different levels of
intensity depending on biological productivity and economic potential. The department
shall make investments according to trust law to maximize revenue over the
long-term for the beneficiary, and to accomplish forest management objectives.
department shall retain flexibility in order to produce long-term stable income
and pursue other income opportunities as guided by changing markets for new and
traditional uses. Other site-specific income opportunities may occur on a
minor amount of forest acreage. These uses may diverge from elements of ARM
36.11.401 through 36.11.445, but would not compromise the overall fundamental
premise of managing for biodiversity and forest health.
department shall review on an annual basis its financial and economic
assumptions used in management decisions.
(3) The department shall
prepare an annual revenue/cost summary for the forest management programs.
History: 77-1-202, 77-1-209, 77-5-201, 77-5-204, MCA; IMP, 77-5-116, 77-5-204, 77-5-206, 77-5-207, MCA; NEW, 2003 MAR p. 397, Eff. 3/14/03.