Idaho Code > Title 47 > Chapter 14 – Mineral Leases by Political Subdivisions and Muncipalities
Current as of: 2023 | Check for updates
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Other versions
47-1401 | Lease for Exploration and Development Authorized |
47-1402 | Cooperative or Unit Development |
47-1403 | Rules for Issuing Lease — Term — Royalty |
Terms Used In Idaho Code > Title 47 > Chapter 14 - Mineral Leases by Political Subdivisions and Muncipalities
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories; and the words "United States" may include the District of Columbia and territories. See Idaho Code 73-114