Utah § 53C-2-412 Land subject to federal mineral lease.

Utah Statutes

§ 53C-2-412 — Land subject to federal mineral lease.

Utah § 53C-2-412

Title 53CSchool and Institutional Trust Lands Management Act

Ch. 53C-2Activities on Trust Lands

Part 53C-2-4Mineral Leases

This text of Utah § 53C-2-412 (Land subject to federal mineral lease.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 53C-2-412 (2026).

Text

(1)With respect to any tract of land in which the trust acquires or has acquired any interest subject to an outstanding federal mineral lease or prospecting permit, the lessee or permittee may submit a petition seeking extension of the permit or lease or any other action as may be necessary to give to the lessee or permittee any and all rights, privileges, and benefits which the lessee or permittee would have had under the permit or lease had the trust not acquired its interest in the tract.

(2)In consideration of the voluntary termination by the federal lessee or permittee of the lease or permit as it relates to that tract, the director may issue to that lessee or permittee a lease of the acquired tract or any portion of that tract for recovery of the same mineral substances, granting t

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(1) With respect to any tract of land in which the trust acquires or has acquired any interest subject to an outstanding federal mineral lease or prospecting permit, the lessee or permittee may submit a petition seeking extension of the permit or lease or any other action as may be necessary to give to the lessee or permittee any and all rights, privileges, and benefits which the lessee or permittee would have had under the permit or lease had the trust not acquired its interest in the tract.
(2) In consideration of the voluntary termination by the federal lessee or permittee of the lease or permit as it relates to that tract, the director may issue to that lessee or permittee a lease of the acquired tract or any portion of that tract for recovery of the same mineral substances, granting the lessee or permittee all the rights, privileges, and benefits with reference to that tract which the lessee or permittee would have had by reason of the lessee's lease or permittee's permit from the United States had the state not acquired its interest in the tract.