2006 Louisiana Laws - RS 30:124 — Board may lease public lands; fee

§124.  Board may lease public lands; fee

The State Mineral Board has authority to lease for the development and production of minerals, oil, and gas any lands belonging to the state, or the title to which is in the public, including road beds, water bottoms, vacant state lands, and lands adjudicated to the state at tax sale.  The mineral board is further authorized to collect a fee for such leasing in the amount of ten percent of the total cash bonus paid at the lease sale.  The fee shall be in addition to the total cash bonus paid.

Acts 2002, 1st Ex. Sess., No. 106, §1, eff. April 18, 2002.

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