30 U.S.C. § 224 — Payments for oil or gas taken prior to application for lease

FEDERAL · 30 U.S.C. · Chapter 3A

Payments for oil or gas taken prior to application for lease

Current through Pub. L. 119-102

Title 30 — Mineral Lands and Mining·Ch. 3A — LEASES AND PROSPECTING PERMITS·Subch. IV

Until the permittee shall apply for lease to the one quarter of the permit area heretofore provided for he shall pay to the United States 20 per centum of the gross value of all oil or gas secured by him from the lands embraced within his permit and sold or otherwise disposed of or held by him for sale or other disposition.

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30 U.S.C. § 224 (Payments for oil or gas taken prior to application for lease) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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History

(Feb. 25, 1920, ch. 85, §15, 41 Stat. 442.)