TITLE 77. STATE LANDS

CHAPTER 3. ROCK, MINERAL, COAL, OIL, AND GAS RESOURCES

Part 5. Underground Storage of Natural Gas

Cancellation And Forfeiture Of Lease

77-3-510. Cancellation and forfeiture of lease. All leases granted under 77-3-501 shall provide for their forfeiture and cancellation upon failure of the lessee to fully discharge the obligations provided therein, after written notice from the department and reasonable time allowed to the lessee for performance of any undertaking or obligation specified in such notice concerning which the lessee is in default.

History: En. Sec. 5, Ch. 213, L. 1955; amd. Sec. 96, Ch. 428, L. 1973; R.C.M. 1947, 81-1729(part).