Utah Administrative Code
Topic - Natural Resources
Title R652 - Forestry, Fire and State Lands
Rule R652-20 - Mineral Resources
Section R652-20-2700 - Lease Continuation
Universal Citation: UT Admin Code R 652-20-2700
Current through Bulletin 2024-18, September 15, 2024
Any lease which is eliminated from any such cooperative or unit plan of development or operation, or any lease which is in effect at the termination of the cooperative or unit plan of development or operation, unless relinquished, shall continue in effect for the fixed term of the lease, or for two years after its elimination from the plan or agreement or the termination thereof, whichever is longer, and so long thereafter as the leased substances are produced in paying quantities. Rentals under the lease shall continue at the rate specified in the lease.
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