Nebraska § 72-307 Mineral rights; lease; renewal; when authorized; terms

Nebraska Statutes

§ 72-307 — Mineral rights; lease; renewal; when authorized; terms

Nebraska § 72-307

Ch. 72Public Lands, Buildings, and Funds

This text of Nebraska § 72-307 (Mineral rights; lease; renewal; when authorized; terms) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 72-307 (2026).

Text

The lessee may have a right to the renewal of the lease upon the same terms as provided in section  72-303 , so long as such minerals or other valuable substances are produced in paying quantities;  Provided,  such leases shall in no instance contain any provision abridging the rights of future legislatures to make such laws as may in their judgment be necessary to conserve the interests of the state. If the lessee shall have made extensive tests, or a showing satisfactory to the Board of Educational Lands and Funds that he has proceeded in good faith, even though no successful production has resulted, the board may, upon such showing, grant an extension or renewal for further prospecting.

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The lessee may have a right to the renewal of the lease upon the same terms as provided in section 72-303 , so long as such minerals or other valuable substances are produced in paying quantities; Provided, such leases shall in no instance contain any provision abridging the rights of future legislatures to make such laws as may in their judgment be necessary to conserve the interests of the state. If the lessee shall have made extensive tests, or a showing satisfactory to the Board of Educational Lands and Funds that he has proceeded in good faith, even though no successful production has resulted, the board may, upon such showing, grant an extension or renewal for further prospecting.

Legislative History

Source: Laws 1918, Thirty-sixth Spec. Sess., c. 7, § 7, p. 45; C.S.1922, § 5225; C.S.1929, § 72-307; R.S.1943, § 72-307. Annotations: That no provision is made in this section for ascertaining the amount of damages to growing crops does not injure the agricultural lessee's right to compensation for any such damage. Briggs v. Neville, 103 Neb. 1, 170 N.W. 188 (1918).