Wyoming § 36-5-101 Qualifications of lessees; lease terms; rental

Wyoming Statutes

§ 36-5-101 — Qualifications of lessees; lease terms; rental

Wyoming § 36-5-101

Title 36Public Land

Ch. 5LEASING GENERALLY

This text of Wyoming § 36-5-101 (Qualifications of lessees; lease terms; rental) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 36-5-101 (2026).

Text

(a)No person shall be qualified to lease state lands unless that person has reached the age of majority, and is a citizen of the United States, or has declared an intention to become a citizen of the United States. No person or legal entity shall be qualified to lease state lands unless he or it has complied with the laws of this state and is authorized to transact business in this state.

(b)The rental of any lease awarded shall be based on an economic analysis and shall reflect at least the fair market value for the same or similar use of the land based upon a formula adopted by the board using the following criteria:

(i)Readily available data averaged over an adequate number of years to remove any radical fluctuations;

(ii)Factors which reasonably reflect the true market value of sta

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(a) No person shall be qualified to lease state lands
unless that person has reached the age of majority, and is a
citizen of the United States, or has declared an intention to
become a citizen of the United States. No person or legal entity
shall be qualified to lease state lands unless he or it has
complied with the laws of this state and is authorized to
transact business in this state.
(b) The rental of any lease awarded shall be based on an
economic analysis and shall reflect at least the fair market
value for the same or similar use of the land based upon a
formula adopted by the board using the following criteria:
(i) Readily available data averaged over an adequate
number of years to remove any radical fluctuations;
(ii) Factors which reasonably reflect the true market
value of state leases;
(iii) Parameters within which the board can be
responsive to changing resource conditions, market demand and
industry viability;
(iv) Factors which reasonably reflect the
contributions made by the lessee.