Mont. Admin. R. 36.25.309 - RENTALS
(1) An annual money rental, shall be paid to
the state for each coal lease at the rate of not less than $2.00 for each acre
of land leased. Rental for the first year of the lease shall include any sums
in excess of $2.00 per acre offered and accepted as a cash bonus for such first
year rental. The first year rental shall be paid before issuance of the lease .
Rental for each subsequent year of the lease shall be due and payable before
the beginning of that year.
(2) The
annual money rental shall be in addition to any royalty payment.
(3) No partial rental payment will be
accepted, and the entire rental shall be considered unpaid until the full
rental payment has been received.
Notes
77-3-303, MCA; IMP, 77-3-303, MCA;
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