Section 11.86.532. Duration of "grandfather rights" leases.

Latest version.

When an offshore lease that was issued before 1982 is renewed, the term of the new lease will be 10 years, subject to extension as provided in AS 38.05.250.

Authorities

38.05.020;38.05.035;38.05.250

Notes

Authority
 AS 38.05.020  
AS 38.05.035  
AS 38.05.250  
History Eff. 5/30/85, Register 94

                    
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