Alaska Administrative Code
Title 11 - Natural Resources
Part 6 - Lands
Chapter 83 - Oil and Gas Leasing
Article 1 - General Oil and Gas Lease Provisions
11 AAC 83.111 - Rental payments during an appeal or pending application

Universal Citation: 11 AK Admin Code 83.111
Current through November 28, 2024

For a lease that is expired but otherwise remains subject to a pending application or appeal, the lessee must continue to pay annual rental at the previous year's rental rate, on or before the anniversary of the lease, during the application or appeal process. If, upon resolution of an appeal or final decision issued by the department, a lease is not extended, the department may refund the rental for the current lease year, prorated by month and acreage, starting the first day of the month following the time when the appeal resolution or decision becomes final.

Authority:AS 38.05.020

AS 38.05.145

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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