S.C. Code § 10-9-20

Current through 2024 Act No. 225.

Section 10-9-20 - Minimum royalty

No such lease shall provide for a royalty of less than twelve and one-half per cent of production of oil and gas from the lease.

S.C. Code § 10-9-20

Amended by 2014 S.C. Acts, Act No. 121 (SB 22), s V-7, eff. 7/1/2015.

1944 (43) 1428; 1952 Code Section 1-362; 1962 Code Section 1-362.