77-3-508: Duration of lease.
Where this section sits in the code
- TITLE 77. STATE LANDS
- CHAPTER 3. ROCK, MINERAL, COAL, OIL, AND GAS RESOURCES
- Part 5. Underground Storage of Natural Gas
All leases issued under 77-3-501 may be granted for a period not exceeding 20 years, and the lessee has a preferential right to renew the lease for an additional period not exceeding 20 years, subject to any terms and conditions the board imposes.
Collected 2026-09-14T05:00:25Z. Source file · JSON