North Dakota Statutes

§ 38-17-06 — Acknowledgment of advance royalty provision required

North Dakota § 38-17-06
JurisdictionNorth Dakota
Title 38Mining and Gas and Oil Production
Ch. 38-17Coal Leasing Practices Act

This text of North Dakota § 38-17-06 (Acknowledgment of advance royalty provision required) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.D. Cent. Code § 38-17-06 (2026).

Text

All advance royalty provisions contained in coal leases executed after April 9, 1975, must be specially explained to the lessor before the lessor executes the lease. The lessor shall execute an acknowledgment indicating the lessor's knowledge of the presence of the advance royalty provision or the advance royalty provision is void. The acknowledgment must be printed on the lease document in print which is larger than any other print on the document, and it must refer the lessor to the exact provision of the lease which permits advance royalty. An example of the type of acknowledgment required by this section is as follows: THE LESSOR HEREBY ACKNOWLEDGES THAT THE LESSOR IS AWARE OF SECTION ______ OF THIS LEASE RELATING TO ADVANCE ROYALTIES.

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Bluebook (online)
North Dakota § 38-17-06, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/38-17-06.