All leases of state or school land shall be conditioned upon the payment of rent in advance, and the violation of this condition shall work a forfeiture of the lease, at the option of the state board of land commissioners, after thirty days' notice to the lessees. Notice shall be sent to the last-known post office address of the lessee, as given by the lessee to the director of the state board of land commissioners.
Source: L. 19: p. 642, § 9. C.L. § 1162. CSA: C. 134, § 61. CRS 53: § 112-3-17. C.R.S. 1963: § 112-3-17. L. 97: Entire section amended, p. 840, § 13, effective May 21.