Utah Statutes
§ 53C-2-408 — Mineral lease covenants.
Utah·Title 53C School and Institutional Trust Lands Management Act·Ch. 53C-2 Activities on Trust Lands·Part 53C-2-4 Mineral Leases
Each mineral lease shall contain the following covenants:
(1)the lessee shall promptly pay any rent annually in advance;
(2)waste may not be committed on the land;
(3)the premises shall be surrendered at the expiration of the term;
(4)the lessee may not assign or sublet without the prior written authorization of the director; and
(5)if authorized improvements have been placed on the land by any person other than the lessee, the lessee shall allow the owner of the improvements to remove them within 90 days.
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Legislative History
Enacted by Chapter 294, 1994 General Session
Nearby Sections
15
§ 53C-1-101
Title.§ 53C-1-102
Purpose.§ 53C-1-103
Definitions.§ 53C-1-203
Board of trustees nominating committee -- Composition -- Responsibilities -- Per diem and expenses.§ 53C-1-204
Policies established by board -- Director.§ 53C-1-304
Rules to ensure procedural due process -- Board review of director action -- Judicial review.§ 53C-1-307
Annual report.