85-1-807. Assignment of leases -- subleasing not allowed. (1) A lease of project lands may be assigned on forms prescribed by the department. An assignment is not binding on the department unless the assignment is filed with and approved by the department. An assignment fee must be paid to the department at the time of filing the assignment.
(2) The department may not approve a contingent or collateral assignment of a lease.
(3) A lease may not be subleased.
History: En. Sec. 7, Ch. 301, L. 1995.
Structure Montana Code Annotated
Part 8. Lease Management Program
85-1-804. Appraisal of project lands -- adjustment of lease fee
85-1-805. Full market value required
85-1-806. Withdrawal of lands from leasing
85-1-807. Assignment of leases -- subleasing not allowed
85-1-808. Changes in lease use not authorized -- cancellation
85-1-809. Improvements authorized -- no compensation -- removal
85-1-810. No pledge or mortgage of leasehold interest
85-1-811. Project lands lease and sales account