Wyoming Statutes

Wyo. Stat. § 36-5-101 (2026)

Qualifications of lessees; lease terms; rental.

✓ current as of May 2026

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(a) No person shall be qualified to lease state lands
unless that person has reached the age of majority, and is a
citizen of the United States, or has declared an intention to
become a citizen of the United States. No person or legal entity
shall be qualified to lease state lands unless he or it has
complied with the laws of this state and is authorized to
transact business in this state.

     (b) The rental of any lease awarded shall be based on an
economic analysis and shall reflect at least the fair market
value for the same or similar use of the land based upon a
formula adopted by the board using the following criteria:

          (i) Readily available data averaged over an adequate
number of years to remove any radical fluctuations;

          (ii) Factors which reasonably reflect the true market
value of state leases;

          (iii) Parameters within which the board can be
responsive to changing resource conditions, market demand and
industry viability;

          (iv) Factors which reasonably reflect the
contributions made by the lessee.

Notes of Decisions

Cited in 2 cases, 2008–2011 · leading case: Off. of State Lands & Investments v. Mule Shoe Ranch, Inc., 2011 WY 68 (Wyo. 2011).

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Off. of State Lands & Investments v. Mule Shoe Ranch, Inc., 2011 WY 68 (Wyo. 2011). · cites it 6× “36-5-101, shall have a preferred right to renew such lease by meeting the highest bid offered by amother qualified applicant who has actual and necessary use for the land and available forage and whose bid is based on the fair market value, using the formula developed by the…”

Coffinberry v. Bd. of Cnty. Commissioners, 2008 WY 110 (Wyo. 2008). · cites it 2× “§ 16-6-102 (Lex-isNexis 2007), which deals with residential preferences and low bid requirements for bids let for public building and public work projects; and Wyo. Stat. Ann. § 36-5-101 (b) (LexisNexis 2007), which sets the formula by which the rental amount for state lands is…”

— Wyo. Stat. § 36-5-101(b) — 1 case

Off. of State Lands & Investments v. Mule Shoe Ranch, Inc., 2011 WY 68 (Wyo. 2011). “36-5-101, shall have a preferred right to renew such lease by meeting the highest bid offered by amother qualified applicant who has actual and necessary use for the land and available forage and whose bid is based on the fair market value, using the formula developed by the…”

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