Utah Administrative Code (Current through November 1, 2019) |
R850. School and Institutional Trust Lands, Administration |
R850-24. General Provisions: Mineral and Material Resources, Mineral Leases and Material Permits |
R850-24-900. Lease Non-Execution or Cancellation - Fees Forfeited
Latest version.
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In the event that applicant fails to sign and return a mineral lease or material permit as instructed by the agency, or a lease is cancelled for any other reason, all fees, advance rentals, and advance minimum royalties are forfeited by the applicant, lessee or permittee unless non-forfeiture or a refund is approved by the director.