72-16-446. In-kind payment -- definitions. As used in 72-16-445 through 72-16-450, the following definitions apply:
     (1) "Donor" means the personal representative, administrator, joint tenant, heir, legatee, devisee, trustee, tenant in common, conservator, person interested in the estate or trust, or any person responsible for the payment of inheritance or estate taxes to the state.
     (2) "In-kind payment" means a payment of inheritance or estate taxes or a portion thereof by the transfer to the state of personal property, real property, or an interest in real property as defined in Title 70, chapters 15 and 17.
     (3) "Interest in real property having recreational, conservation, or wildlife value" means any interest in real property recognized in Title 70, chapters 15 and 17, that, in the opinion of the receiving entity, is of unique value as a scenic, historic, archaeologic, scientific, or recreational resource to the state and which will contribute to the cultural, recreational, or economic life of the people and their health or is unique and critical habitat for wildlife in the state.
     (4) "Object of significant artistic merit" means any object of art, a collection of records or minerals, or a painting, engraving, relic, coin, furniture, or fixture which in the opinion of the receiving entity is of unique and peculiar artistic value and of historical significance to Montana.
     (5) "Receiving entity" means the Montana historical society or the department of fish, wildlife, and parks.
     (6) "Site of significant historical interest" means any building, fixture, real property, or any combination thereof that in the opinion of the receiving entity is of unique and peculiar historical significance to Montana.
     (7) "Value of in-kind payment" means the value of an object of significant artistic merit, a site of significant historical interest, or an interest in real property having recreational, conservation, or wildlife value reflecting its intrinsic value to Montana and the public as determined by a certified appraiser selected by the receiving entity.

     History: En. Sec. 2, Ch. 736, L. 1985.