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Code · Montana · Title 77 — State Lands · Chapter 3 · Part 5

77-3-508. Duration of lease.

48 words·~1 min read·/mt/title-77/chapter-3/part-5/77-3-508·

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77-3-508 . Duration of lease. 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.
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