Alaska Administrative Code
Title 11 - Natural Resources
Part 6 - Lands
Chapter 82 - Mineral Leasing Procedure
Article 4 - Competitive Bidding
11 AAC 82.410 - Minimum bid

Universal Citation: 11 AK Admin Code 82.410
Current through August 30, 2024

The commissioner may prescribe the minimum bid that will be considered at any lease sale. Prescribing a minimum bid does not prevent the rejection of bids as provided in 11 AAC 82.450.

Authority:AS 38.05.020

AS 38.05.145(a)

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