§ 36-5-108 — Even rental offers

Wyoming § 36-5-108

• Jurisdiction: Wyoming
• Title 36: Public Land
• Ch. 5: LEASING GENERALLY

Text

If two (2) or more qualified applicants under W.S. 36-5-101
shall offer the same annual rental for the same lands, and such
offers are the highest offers received and are equal to or above
the minimum rental fixed by the board, and no preferred right
exists in the old lessee, or if the old lessee does not exercise
the preferred right, the director shall grant the lease to the
applicant holding title to lands nearest to the lands applied
for. When a preferred right exists in the old lessee under the
provisions of this act, the old lessee shall be given fifteen
(15) days notice by registered mail, and if he fails or refuses
to file his acceptance together with the balance of the rental
due for the first year, within the time specified, the lease
shall be awarded automatically to the applicant offering to pay
the highest annual rental, or in the event of even offers, shall
be disposed of as hereinbefore provided. As used in this
section, "preferred right" means as defined in W.S. 36-5-105(h).