N.D. Admin. Code 85-06-02-10

Current through Supplement No. 394, October, 2024

Section 85-06-02-10 - Minimum delay rentals

1. The minimum delay rental is five dollars per acre per year payable for as long as the coal lease is in full force and effect.

2. The first year of delay rental must be paid upon the issuance of a coal lease. The delay rental for each subsequent year of the coal lease is due and payable before the anniversary date of the coal lease.

N.D. Admin Code 85-06-02-10

Adopted by Administrative Rules Supplement 375, January 2020, effective 1/1/2020.

General Authority: NDCC 15-05-05, 15-05-09, 15-07-20, 15-08.1-06, 61-33-06

Law Implemented: NDCC 15-05-01, 15-05-09, 15-05-10