(1) Any person may apply for a loan to finance rangeland improvements to be constructed, developed, and operated in Montana who:
- (a) is a resident of Montana;
- (b) is engaged in farming or ranching; and
- (c) possesses the necessary expertise to make a rangeland loan practical.
- (2) All loans must be for rangeland improvement or development exclusively.
- (3) An application for a loan must be in the form prescribed by the department and accompanied by a resource conservation plan, which may be prepared in consultation with the United States natural resources conservation service.
History: En. Sec. 4, Ch. 171, L. 1983; amd. Sec. 280, Ch. 42, L. 1997.