§ 53C-2-403. Mineral leases -- Director to establish forms, term, rental, and royalty.

Latest version.

The director shall establish the:

(1) form of a mineral lease application;

(2) form of the lease;

(3) term of the lease;

(4) annual rental;

(5) amount of royalty in addition to or in lieu of rental; and

(6) basis upon which the royalty shall be computed.

Enacted by Chapter 294, 1994 General Session

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');