2016 US Code
Title 30 - Mineral Lands and Mining
Chapter 3A - Leases and Prospecting Permits
Subchapter IX - Potash
Sec. 282 - Leases to permittees of lands showing valuable deposits; royalty
| 30 U.S.C. § 282 (2016) |
| §282. Leases to permittees of lands showing valuable deposits; royalty |
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Upon showing to the satisfaction of the Secretary of the Interior that valuable deposits of one of the substances enumerated in this subchapter has been discovered by the permittee within the area covered by his permit, and that such land is chiefly valuable therefor, the permittee shall be entitled to a lease for any or all of the land embraced in the prospecting permit, at a royalty of not less than 2 per centum of the quantity or gross value of the output of potassium compounds and other related products, except sodium, at the point of shipment to market, such lease to be taken in compact form by legal subdivisions of the public land surveys, or if the land be not surveyed, by survey executed at the cost of the permittee in accordance with regulations prescribed by the Secretary of the Interior. |
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(Feb. 7, 1927, ch. 66, §2, 44 Stat. 1057.) |
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CODIFICATION
Section was not enacted as part of act Feb. 25, 1920, ch. 85, 41 Stat. 437, known as the Mineral Leasing Act, which comprises this chapter. |
| United States Code, 2012 Edition, Supplement 4, Title 30 - MINERAL LANDS AND MINING |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 30 - MINERAL LANDS AND MINING CHAPTER 3A - LEASES AND PROSPECTING PERMITS SUBCHAPTER IX - POTASH Sec. 282 - Leases to permittees of lands showing valuable deposits; royalty |
| section 282 |
| 2016 |
| January 6, 2017 |
| No |
| standard |
| 41 Stat. 437 44 Stat. 1057 |
