1. Regulations
  2. title 30
  3. chapter XII
  4. part 1202
  5. subpart H
  6. § 1202.352

View all text of Subpart H [§ 1202.350 - § 1202.353]

§ 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.

AUTHORITY: 5 U.S.C. 301

SOURCE: 48 FR 35641, Aug. 5, 1983, unless otherwise noted. Redesignated at 75 FR 61066, Oct. 4, 2010.

CITE AS: 30 CFR 1202.352