§ 77-3-501 Lease for underground storage of natural gas authorized
§ 77-3-502 Rules
§ 77-3-503 Hearings on questions related to leases
§ 77-3-504 Lessee’s right to hearing
§ 77-3-505 Bond of lessees
§ 77-3-506 Disposition of leased land
§ 77-3-507 Lessee to prevent waste
§ 77-3-508 Duration of lease
§ 77-3-509 Disposition of funds
§ 77-3-510 Cancellation and forfeiture of lease
§ 77-3-511 Termination and surrender of lease
§ 77-3-512 Disposition of lessee’s property upon termination of lease
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Terms Used In Montana Code > Title 77 > Chapter 3 > Part 5 - Underground Storage of Natural Gas

  • 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
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Property: means real and personal property. See Montana Code 1-1-205
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
  • Writing: includes printing. See Montana Code 1-1-203