Utah Admin. Code 850-30-550

Current through Bulletin 2024-12, June 15, 2024
Section R850-30-550 - Lease Determination Procedures

The agency may not lease trust lands when leasing:

1. would be inconsistent with board policy or would not be in the best interest of the trust beneficiaries;
2. would create significant obstacles to future mineral development; or
3. would foreclose future development or management options that would likely result in greater long term economic benefit.

Utah Admin. Code R850-30-550

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