Montana § 77-3-437 - Amendment Of Existing Leases
Full text of Montana Montana Code Annotated § 77-3-437 — Amendment Of Existing Leases, with citation guidance and answers to common questions.
§ 77-3-437. Amendment Of Existing Leases
Amendment of existing leases. The owner or owners of any existing state oil and gas lease shall have the right to exchange it for an amended lease containing the same provisions as to the term of said lease as are then provided by law for state oil and gas leases upon filing a written application therefor and upon payment of a sum which is the full market value of the exchange, as determined by the board. The amended lease shall be subject to all other provisions, including rents and royalties, contained in the original lease and shall bear the same commencement date as the original lease.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 77-3-437
What does Montana Code Annotated § 77-3-437 cover?
Section 77-3-437 ("Amendment Of Existing Leases") is part of the Montana Code Annotated, the codified statutory law of Montana. 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 Montana § 77-3-437?
A common citation format is "Montana Code Annotated § 77-3-437" (Montana). 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 Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 77-3-437 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana 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 Montana.