Current through October 31, 2024
Section 581.46 - Relinquishment of leases or parts of leases(a) A lease or any part thereof may be surrendered by the record title holder by filing a written relinquishment with the Director. A relinquishment shall take effect on the date it is filed subject to the continued obligation of the lessee and the surety to:(1) Make all payments due, including any accrued rentals and royalties; and(2) Abandon all operations, remove all facilities, and clear the land to be relinquished to the satisfaction of the Director.(b) Upon relinquishment of a lease, the data and information submitted under the lease will no longer be held confidential and will be available to the public.