Alaska Administrative Code
Title 11 - Natural Resources
Part 6 - Lands
Chapter 82 - Mineral Leasing Procedure
Article 9 - Exploration Licensing
11 AAC 82.924 - Bid deposit
Universal Citation: 11 AK Admin Code 82.924
Current through August 30, 2024
An oil and gas exploration license sealed bid received in response to a request for a competitive bid must be accompanied by a bid deposit of 20 percent of the license fee, rounded to the nearest dollar. The bid deposit is subject to the provisions of 11 AAC 82.425.
Authority:AS 38.05.131
AS 38.05.133
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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