Idaho § 47-1401 - Lease for exploration and development authorized
Full text of Idaho Idaho Statutes § 47-1401 — Lease for exploration and development authorized, with citation guidance and answers to common questions.
§ 47-1401. Lease for exploration and development authorized
The governing body of any county, city, town, village, school district or other municipal corporation or political subdivision of the state of Idaho authorized to acquire and hold real property may, upon determining that such action will be in the best interest of such county, city, town, village, school district or other municipal corporation or political subdivision of the state of Idaho, lease, or enter into a community lease with respect to, any mineral interest owned by such county, city, town, village, school district or other municipal corporation or political subdivision of the state of Idaho, for the exploration for and development and production of oil, gas or other hydrocarbons, and otherwise contract for such exploration, development and production, upon such terms as such governing body may determine and as are not inconsistent with the provisions of this act.
[47-1401, added 1961, ch. 100, sec. 1, p. 149.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 47-1401
What does Idaho Statutes § 47-1401 cover?
Section 47-1401 ("Lease for exploration and development authorized") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 47-1401?
A common citation format is "Idaho Statutes § 47-1401" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 47-1401 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.