Idaho Statutes

§ 47-1401 — LEASE FOR EXPLORATION AND DEVELOPMENT AUTHORIZED

Idaho·Title 47 MINES AND MINING·Ch. 14 MINERAL LEASES BY POLITICAL SUBDIVISIONS AND MUNCIPALITIES
The governing body of any county, city, town, village, school district or other municipal corporation or political subdivision of the state of Idaho authorized to acquire and hold real property may, upon determining that such action will be in the best interest of such county, city, town, village, school district or other municipal corporation or political subdivision of the state of Idaho, lease, or enter into a community lease with respect to, any mineral interest owned by such county, city, town, village, school district or other municipal corporation or political subdivision of the state of Idaho, for the exploration for and development and production of oil, gas or other hydrocarbons, and otherwise contract for such exploration, development and production, upon such terms as such gove

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Legislative History

[47-1401, added 1961, ch. 100, sec. 1, p. 149.]

Nearby Sections

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