Montana § 77-3-510 Cancellation And Forfeiture Of Lease

Montana Statutes

§ 77-3-510 — Cancellation And Forfeiture Of Lease

Montana § 77-3-510

Title 77STATE LANDS

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

Part 5Underground Storage of Natural Gas

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Bluebook

Mont. Code Ann. § 77-3-510 (2026).

Text

77-3-510 . Cancellation and forfeiture of lease. All leases granted under 77-3-501 shall provide for their forfeiture and cancellation upon failure of the lessee to fully discharge the obligations provided therein, after written notice from the department and reasonable time allowed to the lessee for performance of any undertaking or obligation specified in such notice concerning which the lessee is in default.

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77-3-510 . Cancellation and forfeiture of lease. All leases granted under 77-3-501 shall provide for their forfeiture and cancellation upon failure of the lessee to fully discharge the obligations provided therein, after written notice from the department and reasonable time allowed to the lessee for performance of any undertaking or obligation specified in such notice concerning which the lessee is in default.