Delaware Statutes
§ 6114 — Rental for leased land
The Secretary shall specify a rental payable annually in advance of not less than $0.25 for each acre of land subject to the lease at the rental date. After production has been established, rent paid shall be deducted from any royalty due under the terms of a lease during the year for which such rent has been paid.
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Legislative History
7 Del. C. 1953, § 6414; 55 Del. Laws, c. 442, § 1 ; 59 Del. Laws, c. 212, § 1
Nearby Sections
15
§ 6101
Definitions§ 6102
Jurisdiction to lease§ 6103
Surveys§ 6104
Permits for surveys§ 6107
Public hearings; notice§ 6109
Maximum area§ 6110
Form of lease or permit§ 6112
Royalty§ 6113
Lien on production§ 6114
Rental for leased land§ 6115
Bonds