Washington Administrative Code
Title 332 - Natural Resources, Board and Department of (See also Title 222)
Chapter 332-14 - Coal leasing rules and regulations
Section 332-14-130 - Lease-minimum annual royalty
Universal Citation: WA Admin Code 332-14-130
Current through Register Vol. 24-18, September 15, 2024
The lessee shall pay the first year's minimum annual per acre royalty prior to execution of the lease. Each subsequent minimum per acre royalty payment shall be paid in advance each year. Minimum per acre royalty payment shall be credited against production royalties due for the same lease year.
Statutory Authority: RCW 79.01.668. 85-10-040 (Order 443), § 332-14-130, filed 4/29/85.
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