25 C.F.R. · Indians
25 C.F.R. § 214.9

Advance rental.

Title 25 C.F.R. ● ACTIVE Primary Source
Regulatory Text

25 C.F.R. § 214.9 — Advance rental.

§ 214.9 Advance rental. (a) Lessees shall pay, in addition to other considerations, annual advance rentals as follows: 15 cents per acre for the first year; 30 cents per acre for the second year; 50 cents per acre for the third year; and $1 per acre per annum for the fourth and each succeeding year during the life of any lease: Provided, That all such payments of advance rentals shall be credits on royalties on production during the year for which payment of advance rental is made. (b) The payment of annual advance rental shall not release the lessee from the obligation to conduct mining operations, as required by the terms of the lease.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR25-SEC-037166
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REGULATION / FEDERAL-CFR-SECTION
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boisestandard.org
Citation
25 C.F.R. § 214.9
Corpus
CFR — Code of Federal Regulations
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✓ ACTIVE
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PRIMARY-SOURCE
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✓ TRUE
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The regulatory text of 25 C.F.R. § 214.9 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 25 25 C.F.R. § 214.9