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Montana Title 77. State Lands § 77-3-439. Surrender of leases

Current as of January 01, 2024 | Updated by Findlaw Staff

The lessee under any oil and gas lease granted by the state may at the termination of any rental year, by giving to the department 30 days' previous notice in writing, surrender and relinquish the lease to the state in whole or as to any legal subdivision of the lands covered thereby and be discharged from any obligation not yet accrued as to lands so surrendered and relinquished without prejudice to the continuance of the lease as to lands not surrendered or relinquished.

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Cite this article: FindLaw.com - Montana Title 77. State Lands § 77-3-439. Surrender of leases - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-77-state-lands/mt-st-77-3-439/

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