1. (1) would be inconsistent with board policy or would not be in the best interest of the trust beneficiaries;
2. (2) would create significant obstacles to future mineral development; or
3. (3) would foreclose future development or management options that would likely result in greater long term economic benefit.

The director may not lease trust lands when leasing:

KEY: administrative procedures, leases, trust land management, request for proposals

Date of Last Change: September 15, 2025

Notice of Continuation: May 26, 2022

Authorizing, and Implemented or Interpreted Law: 53C-1-302(1)(a); 53C-4-101(1); 53C-4-104; 53C-4-202