Utah Code 65A-9-2. Grazing leases — Maximum term — Treatment of leases on federal lands acquired by the state
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(1) The division may issue grazing leases on state lands under terms and conditions established by rule.
Terms Used In Utah Code 65A-9-2
- Division: means the Division of Forestry, Fire, and State Lands. See Utah Code 65A-1-1
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Land: includes :(18)(a) land;(18)(b) a tenement;(18)(c) a hereditament;(18)(d) a water right;(18)(e) a possessory right; and(18)(f) a claim. See Utah Code 68-3-12.5
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
- State lands: means all lands administered by the division. See Utah Code 65A-1-1
- United States: includes each state, district, and territory of the United States of America. See Utah Code 68-3-12.5
(2) Those terms shall be based on the fair market value of the lease.(3) No lease may be for a term in excess of 15 years.(4) The division shall determine the number and kind of stock that may be grazed each year on state land, and regulate the number of days that the land may be grazed.(5)(5)(a) Upon selecting, exchanging, or otherwise acquiring lands of the United States, the division shall honor all leases, permits, contracts, and terms and conditions of user agreements on United States’ lands, including permitted stocking rates, grazing fee levels, access rights, and all existing activities that currently or historically have dictated an understanding of usage between the land user and the federal government.(5)(b) Improvements by the permittee or lessee to the land shall be honored by the state in the acquisition of federal lands.