LIMITATION ON AREA COVERED BY LEASE — RIGHT TO HOLD MORE THAN ONE LEASE.

  1. Law
  2. Idaho Code
  3. MINES AND MINING
  4. OIL AND GAS LEASES ON STATE AND SCHOOL LANDS
  5. LIMITATION ON AREA COVERED BY LEASE — RIGHT TO HOLD MORE THAN ONE LEASE.

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47-804. LIMITATION ON AREA COVERED BY LEASE — RIGHT TO HOLD MORE THAN ONE LEASE. No single oil and gas lease given and granted under the provisions of this act shall be for an area exceeding one (1) section, provided that one (1) person, firm or corporation may hold more than one lease.

History:

[47-804, added 1937, ch. 130, sec. 4, p. 200; am. 1949, ch. 128, sec. 3, p. 226.]


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