Montana Code Annotated 2013

Clickable Image


     85-1-505. Lease conditions. (1) The lessee shall pay a royalty to the state as required in the lease.
     (2) The department may authorize provisions in the lease that offer economic incentives for rapid development of the project or impose economic penalties for delays in development, which may include cancellation of the lease.

     History: En. Sec. 5, Ch. 503, L. 1981; amd. Sec. 436, Ch. 418, L. 1995.

Previous Section MCA Contents Part Contents Help Next Section