Utah Admin. Code R850-170-1400 - Lease Amendments
1. The agency
may amend a lease if the amendment would be consistent with Rule R850-2. Unless
waived by the director, the agency shall solicit competing interest pursuant to
Section R850-170-800 if:
(a) the total amended
acreage exceeds 150% of the original acreage;
(b) the lease term, including any extensions,
is longer than 51 years; or
(c) the
proposed amended purpose of the lease is substantially different from the
original purpose.
2. The
agency may condition approval of an amendment on the lessee accepting the
current lease form.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.