Montana § 77-4-123 - Extension Of Lease
Full text of Montana Montana Code Annotated § 77-4-123 — Extension Of Lease, with citation guidance and answers to common questions.
§ 77-4-123. Extension Of Lease
Extension of lease. If geothermal resources are not being produced from the leased premises at the expiration of the primary term of the lease but the owner of the lease is then engaged in drilling on the premises for geothermal resources, then the lease term shall be extended for so long as the drilling operations are diligently continued. If geothermal resources are recovered from any well drilled after the expiration of the primary term, the lease shall continue in force so long as geothermal resources in paying quantities are produced from the leased premises.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 77-4-123
What does Montana Code Annotated § 77-4-123 cover?
Section 77-4-123 ("Extension Of Lease") 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 § 77-4-123?
A common citation format is "Montana Code Annotated § 77-4-123" (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 § 77-4-123 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.