2010 US Code
Title 30 - MINERAL LANDS AND MINING
CHAPTER 4 - LEASE OF GOLD, SILVER, OR QUICKSILVER DEPOSITS WHEN TITLE CONFIRMED BY COURT OF PRIVATE LAND CLAIMS
Sec. 292 - Royalties and rentals; disposition

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Metadata
Publication TitleUnited States Code, 2006 Edition, Supplement 4, Title 30 - MINERAL LANDS AND MINING
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 30 - MINERAL LANDS AND MINING
CHAPTER 4 - LEASE OF GOLD, SILVER, OR QUICKSILVER DEPOSITS WHEN TITLE CONFIRMED BY COURT OF PRIVATE LAND CLAIMS
Sec. 292 - Royalties and rentals; disposition
Containssection 292
Date2010
Laws in Effect as of DateJanuary 7, 2011
Positive LawNo
Dispositionstandard
Source CreditJune 8, 1926, ch. 503, §2, 44 Stat. 710.
Statutes at Large Reference44 Stat. 710


§292. Royalties and rentals; disposition

For the privilege of mining or extracting the gold, silver, or quicksilver deposits in the land covered by such lease, the lessee shall pay to the United States a royalty, which shall not be less than 5 per centum nor more than 12½ per centum of the net value of the output of the gold, silver, or quicksilver at the mine, due and payable at the end of each month succeeding that of the extraction of the minerals from the mine. All moneys received from royalties and rentals under the provisions of this chapter shall be deposited in the Treasury of the United States, and disposed of in the same manner as rentals and royalties under the provisions of section 191 of this title.

(June 8, 1926, ch. 503, §2, 44 Stat. 710.)

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