Montana Statutes
§ 77-3-501 — Lease For Underground Storage Of Natural Gas Authorized
Montana·Title 77 STATE LANDS·Ch. 3 ROCK, MINERAL, COAL, OIL, AND GAS RESOURCES·Part 5 Underground Storage of Natural Gas
77-3-501 . Lease for underground storage of natural gas authorized.
(1)The board is hereby authorized and empowered to lease in such manner and upon such terms as it may determine, not inconsistent with The Enabling Act and the constitution, state lands to which the title has vested in the state, subject to existing rights, for use for the underground storage of natural gas upon the terms and conditions herein prescribed, to any natural gas public utility authorized to do business in this state and engaged in the business of transporting or distributing natural gas by means of pipelines into, within, or through this state for ultimate public use.
(2)State lands which may be leased shall include lands in which the deposit of native gas shall have been depleted, provided the lessee pays to
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Legislative History
En. Sec. 1, Ch. 213, L. 1955; R.C.M. 1947, 81-1725(1).
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