Montana § 82-1-201 Release Of Record Upon Forfeiture, Cancellation, Or Expiration Of Lease -- Penalty

Montana Statutes

§ 82-1-201 — Release Of Record Upon Forfeiture, Cancellation, Or Expiration Of Lease -- Penalty

Montana § 82-1-201

Title 82MINERALS, OIL, AND GAS

Ch. 1GENERAL PROVISIONS

Part 2Cancellation and Forfeiture of Oil, Gas, or Mineral Leases

This text of Montana § 82-1-201 (Release Of Record Upon Forfeiture, Cancellation, Or Expiration Of Lease -- Penalty) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 82-1-201 (2026).

Text

82-1-201 . Release of record upon forfeiture, cancellation, or expiration of lease -- penalty.

(1)When an executed and recorded oil, gas, or other mineral lease is forfeited, canceled, or expires, it is the duty of the lessee, the lessee's successor, or assigns, within 60 days from the date of the forfeiture, cancellation, or expiration of the lease, to have the lease or abstract of the lease released from record in the county where the leased land is situated without cost to the lessor.

(2)A lessee may request the recordation of an assignment or release of more than one lease in a single instrument, and an instrument involving more than one lease made under this subsection must be treated for public recording purposes as a single request from the lessee.

(3)A lessee who fails to comply

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82-1-201 . Release of record upon forfeiture, cancellation, or expiration of lease -- penalty. (1) When an executed and recorded oil, gas, or other mineral lease is forfeited, canceled, or expires, it is the duty of the lessee, the lessee's successor, or assigns, within 60 days from the date of the forfeiture, cancellation, or expiration of the lease, to have the lease or abstract of the lease released from record in the county where the leased land is situated without cost to the lessor.
(2) A lessee may request the recordation of an assignment or release of more than one lease in a single instrument, and an instrument involving more than one lease made under this subsection must be treated for public recording purposes as a single request from the lessee.
(3) A lessee who fails to comply with subsection (1) within 30 days of written notice from the lessor is guilty of a misdemeanor punishable by a fine of up to $250.

Legislative History

En. Sec. 1, Ch. 22, L. 1917; re-en. Sec. 6902, R.C.M. 1921; re-en. Sec. 6902, R.C.M. 1935; amd. Sec. 5, Ch. 218, L. 1971; R.C.M. 1947, 73-114; amd. Sec. 1, Ch. 365, L. 1985; amd. Sec. 1, Ch. 228, L. 1997.