This bill revises existing laws concerning adverse possession of land, specifically addressing situations where a Montana resident claims ownership of land, fixtures, and improvements owned by foreign for-profit corporations. It introduces new legal language that clarifies the requirements for such claims and provides a definition relevant to adverse possession. Additionally, the bill exempts real property owned by tribal members, tribes, or tribal land located within the boundaries of a reservation from these adverse possession claims.

The bill amends Section 70-18-101 of the Montana Code Annotated (MCA) to incorporate these changes and establishes an immediate effective date along with a retroactive applicability date for the new provisions. This legislative action aims to protect the interests of both Montana residents and tribal entities in relation to land ownership and adverse possession claims.

Statutes affected:
SB0499_1.pdf: 70-18-101
SB0499_2.pdf: 70-18-101
Amended: 70-18-101
Introduced: 70-18-101