2016 US Code
Title 30 - Mineral Lands and Mining
Chapter 3A - Leases and Prospecting Permits
Subchapter IV - Oil and Gas
Sec. 224 - Payments for oil or gas taken prior to application for lease

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Citation 30 U.S.C. § 224 (2016)
Section Name §224. Payments for oil or gas taken prior to application for lease
Section Text

Until the permittee shall apply for lease to the one quarter of the permit area heretofore provided for he shall pay to the United States 20 per centum of the gross value of all oil or gas secured by him from the lands embraced within his permit and sold or otherwise disposed of or held by him for sale or other disposition.

Source Credit

(Feb. 25, 1920, ch. 85, §15, 41 Stat. 442.)

Publication Title United States Code, 2012 Edition, Supplement 4, Title 30 - MINERAL LANDS AND MINING
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 30 - MINERAL LANDS AND MINING
CHAPTER 3A - LEASES AND PROSPECTING PERMITS
SUBCHAPTER IV - OIL AND GAS
Sec. 224 - Payments for oil or gas taken prior to application for lease
Contains section 224
Date 2016
Laws In Effect As Of Date January 6, 2017
Positive Law No
Disposition standard
Statutes at Large Reference 41 Stat. 442
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