{"data":{"id":"us-mt/77-3-508","jurisdiction":"us-mt","citation":"77-3-508","heading":"Duration of lease.","body":"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.","path":["TITLE 77. STATE LANDS","CHAPTER 3. ROCK, MINERAL, COAL, OIL, AND GAS RESOURCES","Part 5. Underground Storage of Natural Gas"],"source_url":"https://mca.legmt.gov/bills/mca/title_0770/chapter_0030/part_0050/section_0080/0770-0030-0050-0080.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T05:00:25Z","sha256":"24ec8bed589ab566b24a6f4b2d23f686522eb8a68fd0cf28eaadf36c1c69c515","source_id":"us-mt","stale":false,"prev":"us-mt/77-3-507","next":"us-mt/77-3-509"},"notice":"GroundRules: Original legal text. Not legal advice."}