Section 11.86.580. Suspension.  


Latest version.
  • 	(a)  An application for a suspension of operations and production under a lease must comply with 11 AAC 88.105 and must contain complete information showing the necessity or justification for the suspension.  
    	(b)  No lease expires because production or operations leading to production are suspended by order of or with the assent of the department. When a suspension is removed, the lessee will have a reasonable time, which will not be less than six months, to resume operations or production.  
    

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