Alaska Administrative Code
Title 11 - Natural Resources
Part 6 - Lands
Chapter 82 - Mineral Leasing Procedure
Article 4 - Competitive Bidding
11 AAC 82.466 - Rental reduction determination

Universal Citation: 11 AK Admin Code 82.466
Current through August 30, 2024

For oil and gas, or gas only leases, with rental increases during the primary term, an application for a rental reduction determination under the terms of a lease agreement must be received at least 90 days before the lease anniversary date where the rental rate increases above $20 per acres rental reduction determination application must be made on the form required by the department.

Authority:AS 38.05.020

AS 38.05.35

AS 38.05.180

Disclaimer: These regulations may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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