§ 41-30. Leases to commence in the future.
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/nc/chapter-41/41-30A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 41-30. Leases to commence in the future.
A lease to commence at a time certain or upon the occurrence or nonoccurrence of a future event becomes invalid if its term does not actually commence in possession within 30 years after its execution. For purposes of this section, the term "lease" does not include an oil, gas, or mineral lease. (1995, c. 525, s. 1.)