77-3-511. Termination and surrender of lease. The lessee may at the termination of any rental year, by giving to the department 30 days' previous notice in writing, surrender and relinquish such lease to the state and be thereupon discharged from any obligation not yet accrued.
History: En. Sec. 7, Ch. 213, L. 1955; amd. Sec. 98, Ch. 428, L. 1973; R.C.M. 1947, 81-1731(1).
Structure Montana Code Annotated
Chapter 3. Rock, Mineral, Coal, Oil, and Gas Resources
Part 5. Underground Storage of Natural Gas
77-3-501. Lease for underground storage of natural gas authorized
77-3-503. Hearings on questions related to leases
77-3-504. Lessee's right to hearing
77-3-506. Disposition of leased land
77-3-507. Lessee to prevent waste
77-3-509. Disposition of funds
77-3-510. Cancellation and forfeiture of lease
77-3-511. Termination and surrender of lease
77-3-512. Disposition of lessee's property upon termination of lease