Minimum royalty.

  1. Law
  2. CFR 30
  3. Mineral Resources
  4. Office of Natural Resources Revenue, Department of the Interior
  5. Natural Resources Revenue
  6. Royalties
  7. Geothermal Resources
  8. Minimum royalty.

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§ 1202.352 Minimum royalty.

In no event shall the lessee's annual royalty payments for any producing lease be less than the minimum royalty established by the lease.


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