Montana Statutes
§ 77-4-206 — Meeting Of Board On Proposed Lease Or License
77-4-206 . Meeting of board on proposed lease or license.
(1)At this meeting all other applications which may have been received for lease or license to such power sites shall be duly considered together with the application originally filed.
(2)The board shall have the right to reject any or all bids.
(3)If, however, the board finds that any of the bids submitted offers to pay adequate rental for such power site, shows to the satisfaction of the board that it is capable of carrying out the proposed development and of rendering efficient service to the customers that will be served from such power development, and intends in good faith without any unnecessary delay to proceed with the development, then the board shall accept such bid. If more than one such acceptable bid is received, th
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Montana § 77-4-206 (Meeting Of Board On Proposed Lease Or License) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 3, Ch. 123, L. 1931; re-en. Sec. 1904.3, R.C.M. 1935; R.C.M. 1947, 81-1803(part).
Nearby Sections
15
§ 77-4-101
Geothermal Leases Authorized§ 77-4-102
Definitions§ 77-4-103
Rules§ 77-4-104
Nature Of Geothermal Resources§ 77-4-105
State Retention Of Geothermal Resources§ 77-4-106
Bonding Requirements§ 77-4-107
Compensation To Surface Lessee§ 77-4-109
Conflicting Leases§ 77-4-110
Through 77-4-120 Reserved§ 77-4-121
Provisions Of The Lease§ 77-4-122
Duration Of Lease§ 77-4-123
Extension Of Lease§ 77-4-124
Operating Agreements§ 77-4-125
Pooling Agreements And Unit Operations