Montana Statutes
§ 77-3-441 — Restriction On New Lease Following Termination Of Old Lease
77-3-441 . Restriction on new lease following termination of old lease. In all cases where an oil and gas lease issued after March 3, 1955, is surrendered for cancellation before its expiration, relinquished to the state, or canceled through proceedings on the part of the state, no new lease on the lands under such lease may be issued within 30 days from the date of cancellation or relinquishing. This restriction does not apply, however, in cases of bona fide assignment.
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Montana § 77-3-441 (Restriction On New Lease Following Termination Of Old Lease) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 1, Ch. 161, L. 1955; amd. Sec. 12, Ch. 22, L. 1971; amd. Sec. 85, Ch. 428, L. 1973; amd. Sec. 1, Ch. 136, L. 1974; amd. Sec. 1, Ch. 379, L. 1975; R.C.M. 1947, 81-1702.1(4).
Nearby Sections
15
§ 77-3-101
Definitions§ 77-3-103
Prospecting Permits Authorized§ 77-3-104
Notice Of Permit Or Lease Approval§ 77-3-105
Assignment Of Leases Or Permits§ 77-3-107
Through 77-3-110 Reserved§ 77-3-111
Applications For Mining Lease§ 77-3-112
Examination Of Lands Prior To Leasing§ 77-3-113
Quantity Of Lands Covered By Lease§ 77-3-115
Lease Provisions§ 77-3-116
Royalty Provisions§ 77-3-117
Modification Of Lease Provisions