It shall be the policy of Big Wood Canal Company/American Falls Reservoir Dist. No. 2 (BWCC/AFRD#2) to require, at a minimum, the following procedures before permanent transfers are approved.
The part from which the water is to be transferred (Transferor) shall provide a Lot Book Report from a Title Company doing business in the County from which the transfer is being made, showing clear title to the property in the name of Transferor, without any liens or encumbrances. If there are liens of any kind, the Transferor must have the lien holders approval, in writing. prior to the transfer being approved by BWCC/AFRD#2, for approval.
Provided, however, either Board may grant conditional approval pending legal counsel's review of the Lot Book Report, lien or encumbrance.
BIG WOOD CANAL COMPANY
AMERICAN FALLS RESERVOIR DIST. NO. 2