2005 Idaho Code - 58-304 — LEASES

                                  TITLE  58
                                 PUBLIC LANDS
                                  CHAPTER 3
                           APPRAISEMENT, LEASE, AND
                                SALE OF LANDS
    58-304.  LEASES. The state board of land commissioners may lease any
portion of the state land at a rental amount fixed and determined by the
board. The rental amount shall be due and payable by the date and upon the
terms set by the board in the lease. Provided however, all grazing leases
shall provide for annual payments which shall be due and payable by the date
set by the board in the lease, but in no case shall the rental for grazing
leases be due and payable earlier than January 1 or later than May 1 of each
succeeding year.
    (2)  The state board of land commissioners shall notify the lessee of any
increase in the applicable rental rate six (6) months in advance of the date
the rent is due and payable.
    (3)  The lessee shall pay the rental to the director of the department of
lands, who shall receipt for the same in the name of the board. Upon receiving
such rental, the director shall immediately transmit the same to the state
treasurer.