North Dakota § 38-09-17 Bidding or offers

North Dakota Statutes

§ 38-09-17 — Bidding or offers

North Dakota·Title 38 Mining and Gas and Oil Production·Ch. 38-09 Exploration and Production on Publicly Owned Lands

Offers for leasing may be made in writing and such bids must be opened at the time of the
leasing and bids may be offered orally at the time of the leasing. Such bids must be made upon
the basis of acceptance of a lease upon the rental basis herein provided, plus such bonus as
the bidder may offer. The leasing agency may reject all bids and no bid may be accepted unless
the bidder shall, at the time of the leasing, tender or pay to the leasing official an amount equal
to the first year's rental for such oil and gas rights, plus any bonus offered for such lease.

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Offers for leasing may be made in writing and such bids must be opened at the time of the
leasing and bids may be offered orally at the time of the leasing. Such bids must be made upon
the basis of acceptance of a lease upon the rental basis herein provided, plus such bonus as
the bidder may offer. The leasing agency may reject all bids and no bid may be accepted unless
the bidder shall, at the time of the leasing, tender or pay to the leasing official an amount equal
to the first year's rental for such oil and gas rights, plus any bonus offered for such lease.

North Dakota § 38-09-17 (Bidding or offers) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.