Montana § 77-3-440 - Forfeiture And Cancellation Of Leases
Full text of Montana Montana Code Annotated § 77-3-440 — Forfeiture And Cancellation Of Leases, with citation guidance and answers to common questions.
§ 77-3-440. Forfeiture And Cancellation Of Leases
Forfeiture and cancellation of leases. (1) All oil and gas leases granted by the state pursuant to the terms of this part shall provide for forfeiture and cancellation thereof upon failure of the lessee to fully discharge the obligations provided therein, after written notice from the state and reasonable time allowed to the lessee for performance of any undertaking or obligation specified in such notice concerning which the lessee is in default. (2) Any lessee, upon application therefor, shall be granted a hearing on any notice or demand of the board before any lease is declared forfeited or canceled by the board.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 77-3-440
What does Montana Code Annotated § 77-3-440 cover?
Section 77-3-440 ("Forfeiture And Cancellation Of 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 § 77-3-440?
A common citation format is "Montana Code Annotated § 77-3-440" (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 § 77-3-440 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.