Regulations last checked for updates: Nov 22, 2024

Title 30 - Mineral Resources last revised: Nov 19, 2024
All TitlesTitle 30Chapter XIIPart 1202Subpart B - Subpart B—Oil, Gas, and OCS Sulfur, General
View all text of Subpart B [§ 1202.51 - § 1202.53]
§ 1202.53 - Minimum royalty.

For leases that provide for minimum royalty payments, the lessee shall pay the minimum royalty as specified in the lease.

authority: 5 U.S.C. 301
source: 48 FR 35641, Aug. 5, 1983, unless otherwise noted. Redesignated at 75 FR 61066, Oct. 4, 2010.
cite as: 30 CFR 1202.53
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