Leases under this article shall be for terms not to exceed 20 years with the preferential right in the lessee to renew the lease for successive periods not to exceed 10 years upon such reasonable terms and conditions as may be prescribed by the commission.
Cal. Pub. Res. Code § 6994
Leases for Taking Minerals From Waters and Certain Lands
Amended by Stats. 1963, Ch. 705.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.