Pub. L. 97-451, tit. III, sec. 308 (as amended)

expanded royalty obligations

Year: 2024Length: 67 wordsOfficial source
expanded royalty obligations Sec. 308. Any lessee is liable for royalty payments on oil or gas lost or wasted from a lease site when such loss or waste is due to negligence on the part of the operator of the lease, or due to the failure to comply with any rule or regulation, order or citation issued under this Act or any mineral leasing law.[30 U.S.C. 1756]
Cross-references to the US Code
30 U.S.C. 1756
Pub. L. 97-451, tit. III, sec. 308 (as amended): expanded royalty obligations | Justis AI