Utah Admin. Code 850-170-1100

Current through Bulletin 2024-12, June 15, 2024

Section R850-170-1100 - Renewable Energy Lease Provisions

Each lease must contain provisions necessary to ensure responsible management of trust lands, including those provisions enumerated under Section 53C-4-202 and the following provisions:

1. the term of the lease;

2. the lease rate and other payments due to the agency;

3. reporting of technical and financial data;

4. reservation for mineral exploration and development and other compatible uses, unless waived by the director;

5. operation requirements;

6. lessee's consent to suit in any dispute arising under the terms of the lease or as a result of operations carried on under the lease;

7. procedures of notification;

8. transfers of lease interest by lessee;

9. terms and conditions of lease forfeiture; and

10. protection of the state from liability associated with the actions of the lessee on the subject property.

Utah Admin. Code R850-170-1100

Adopted by Utah State Bulletin Number 2022-16, effective 8/8/2022