Utah Statutes
§ 53C-2-403 — Mineral leases -- Director to establish forms, term, rental, and royalty.
Utah·Title 53C School and Institutional Trust Lands Management Act·Ch. 53C-2 Activities on Trust Lands·Part 53C-2-4 Mineral Leases
The director shall establish the:
(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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Utah § 53C-2-403 (Mineral leases -- Director to establish forms, term, rental, and royalty.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Enacted by Chapter 294, 1994 General Session
Nearby Sections
15
§ 53C-1-101
Title.§ 53C-1-102
Purpose.§ 53C-1-103
Definitions.§ 53C-1-203
Board of trustees nominating committee -- Composition -- Responsibilities -- Per diem and expenses.§ 53C-1-204
Policies established by board -- Director.§ 53C-1-304
Rules to ensure procedural due process -- Board review of director action -- Judicial review.§ 53C-1-307
Annual report.