R850-30-550. Lease Determination Procedures  


Latest version.
  • 1. The director shall not lease trust lands when such lease:

    (a) would be inconsistent with board policy or would not be in the best interest of the trust beneficiaries;

    (b) would create significant obstacles to future mineral development; or

    (c) would foreclose future development or management options which would likely result in greater long term economic benefit.