Montana § 77-3-105 Assignment Of Leases Or Permits

Montana Statutes

§ 77-3-105 — Assignment Of Leases Or Permits

Montana § 77-3-105

Title 77STATE LANDS

Ch. 3ROCK, MINERAL, COAL, OIL, AND GAS RESOURCES

Part 1Prospecting Permits and Mining Leases

This text of Montana § 77-3-105 (Assignment Of Leases Or Permits) 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. § 77-3-105 (2026).

Text

77-3-105 . Assignment of leases or permits. In case of the assignment of a mining lease or a prospecting permit by the holder thereof, the mining lessee or permittee executing the assignment is not relieved of any responsibility for operations under the lease or prospecting permit until:

(1)the financial and moral responsibility of the assignee has been approved by the board; and

(2)there is deposited with the department:

(a)the assignment or an executed copy thereof;

(b)an instrument executed by the sureties upon any bonds then held by the board in connection with the mining lease or permit and then in force, consenting to the assignment and containing the agreement of the sureties to be bound by the bonds under the assignment or new bonds conforming to all the requirements of 77-3-11

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77-3-105 . Assignment of leases or permits. In case of the assignment of a mining lease or a prospecting permit by the holder thereof, the mining lessee or permittee executing the assignment is not relieved of any responsibility for operations under the lease or prospecting permit until:
(1) the financial and moral responsibility of the assignee has been approved by the board; and
(2) there is deposited with the department:
(a) the assignment or an executed copy thereof;
(b) an instrument executed by the sureties upon any bonds then held by the board in connection with the mining lease or permit and then in force, consenting to the assignment and containing the agreement of the sureties to be bound by the bonds under the assignment or new bonds conforming to all the requirements of 77-3-119 ; and
(c) a fee prescribed under 77-1-302 .