TITLE 77. STATE LANDS

CHAPTER 4. GEOTHERMAL AND HYDROELECTRIC RESOURCES

Part 1. Geothermal Resources

Duration Of Lease

77-4-122. Duration of lease. The term of each lease shall be for a primary term of 10 years and for so long thereafter as geothermal resources in paying quantities are produced, provided that all conditions and terms of the lease are fully performed by the lessee.

History: En. 81-2604 by Sec. 4, Ch. 111, L. 1974; R.C.M. 1947, 81-2604(part).