77-4-305. Rulemaking
77-4-305. Rulemaking. The board may adopt rules governing the issuance of leases under this part. History: En. Sec. 6, Ch. 313, L. 2021.
77-4-304. Rental and disposition of rent and other receipts
77-4-304. Rental and disposition of rent and other receipts. (1) The rental payment to the state for a wind resource development lease may not be less than the full market value of the interest described in the approved lease. (2) Rentals are credited to the income fund of the grant to which the lands under each lease […]
77-4-301. Wind and solar leases authorized
77-4-301. Wind and solar leases authorized. (1) The board may lease state lands for exploration, planning, development, and the production of energy from wind and solar resources. (2) Leases for wind or solar rights only where no ground disturbance is authorized do not require reclassification. (3) The board may exercise business discretion in entering leases under this part. […]
77-4-302. Compensating surface lessee
77-4-302. Compensating surface lessee. (1) A person who leases wind or solar resources under this part shall compensate the surface lessee for damage to the surface improvements caused by the lease. (2) (a) The board may require the wind or solar resource lessee to post a bond in an amount set by the board to insure the payment […]
77-4-303. Lease provisions
77-4-303. Lease provisions. (1) A lessee under this part has exclusive rights of possession of the lands or interest leased, subject to conditions in the lease and compliance with the lease. (2) The state reserves the right in leases under this part to sell, lease, or otherwise dispose of the surface, and the right to lease or […]