Mineral leases -- Director to establish forms, term, rental, and royalty.

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  • (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.




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