§1164. Lessee's right to assign or sublease

            The lessee's interest in a renewable energy lease may be assigned or subleased in whole or in part, unless the lease expressly prohibits assignments or subleases. If a renewable energy lease contains a provision that expressly prohibits either assignments or subleases, then unless the lease language clearly shows a contrary intent, the provision will be interpreted as prohibiting both assignments and subleases.

            Acts 2023, No. 455, §1, eff. June 28, 2023.