R850-170-1000
R850-170-1000. Lease Determination Procedures
Cite as Utah Admin. Code R850-170-1000
The director may not lease trust lands when a lease:
(1) would be inconsistent with board policy or would not be in the best interest of the trust beneficiaries;
(2) would create significant obstacles to future mineral development; or
(3) would foreclose future development or management options that would likely result in greater long-term economic benefit.