This chapter does not apply to any of the following:
(a) A power of termination conditioned upon the continued production or removal of oil or gas or other minerals.
(b) A power of termination as to separately owned improvements or fixtures conditioned upon the continued leasehold or possessory interest in the underlying land.
(Amended by Stats. 1991, Ch. 156, Sec. 16.)
Last modified: October 25, 2018