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HB 410: "An Act requiring state oil and gas leases to be construed in favor of the state and against the person challenging the state's interpretation of the lease." 

00                            HOUSE BILL NO. 410                                                                          
01 "An Act requiring state oil and gas leases to be construed in favor of the state and                                    
02 against the person challenging the state's interpretation of the lease."                                                
03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
04    * Section 1.  AS 38.05.180 is amended by adding a new subsection to read:                                          
05            (hh)  When interpreting a lease entered into under this section, ambiguous                                   
06       language shall be construed in favor of the state and against the person challenging the                          
07       state's interpretation.                                                                                           
08    * Sec. 2. The uncodified law of the State of Alaska is amended by adding a new section to                          
09 read:                                                                                                                   
10       APPLICABILITY. Section 2 of this Act applies to the interpretation of a lease entered                             
11 into or amended after the effective date of this Act.